The markets have a way of hunting out hubris and dismantling it, pushing pain points to the limit. This month, that is precisely what they have done. At the end of last year, it was hard not to feel pretty good about the market. My modest portfolio was in all… Read More »Seven dilemmas after a year of investing dangerously
Investors are expected to pile back into the Australian sharemarket on Monday following the strongest rally on Wall Street since the US presidential election as traders stepped back into battered stocks. Futures trading on Friday suggested the S&P/ASX 200 Index was set to jump more than 80 points on Monday… Read More »ASX to surge as investors pile back into battered Wall Street stocks
Stocks fell on Thursday, with equities unable to shake a three-week market rout under the weight of new tariff threats from President Donald Trump. The S&P 500 dropped 1.39% to settle at 5,521.52. The index ended the day in correction, 10.1% off its record close. The Dow Jones Industrial Average fell 537.36 points, or… Read More »S&P 500 closes in correction territory Thursday as stocks tumble again on Trump tariff threats: Live updates
Check out the companies making headlines in midday trading: Tesla — Shares of the electric vehicle maker dropped more than 4%, marking the latest in a volatile string of sessions. Tesla jumped over the last two sessions after notching its worst day since 2020 on Monday. American Eagle Outfitters — Shares slipped 3% after the retailer… Read More »Stocks making the biggest moves midday: Intel, Tesla, Dollar General, Adobe, UiPath and more
What if President Donald Trump’s trade war and spending cuts send the US economy into a slowdown, but the Federal Reserve has to keep sitting on its hands? Investors got a reminder of the potential for this sort of stagflationary environment (low growth, elevated inflation) on Wednesday night, when the… Read More »Sticky inflation data is a reminder of market’s stagflationary fear
In case a market correction and nervous directors are not enough to stall merger and acquisition activity, Australia’s number one deal cruncher is back. Gina Cass-Gottlieb’s Australian Competition and Consumer Commission has blindsided ports giant DP World and its ASX-listed takeover target Silk Logistics, a national “port-to-door” warehousing and distribution… Read More »Australia’s top deal blocker strikes again, target’s shares drop 25pc
Stocks fell on Thursday, with equities unable to shake a three-week market rout under the weight of new tariff threats from President Donald Trump. The S&P 500 dropped 1.39% to settle at 5,521.52. The index ended the day in correction, 10.1% off its record close. The Dow Jones Industrial Average fell 537.36 points, or… Read More »S&P 500 closes in correction territory Thursday as stocks tumble again on Trump tariff threats: Live updates
European markets saw broad gains on Wednesday, even after the European Union announced retaliatory tariffs on a swathe of U.S. imports and President Donald Trump suggested further counter-measures would follow. The regional Stoxx 600 index closed 0.8% higher, climbing down from earlier gains, but with major bourses remaining in positive… Read More »Europe markets close higher despite U.S.-EU tariff escalation as Ukraine peace hopes buoy sentiment
Andrew and Nicola Forrest’s private investment chief was deeply involved in decisions made by Fortescue as the ASX-listed mining giant considered deals worth hundreds of millions of dollars, according to evidence provided to a court. The Forrest family controls almost 37 per cent of Fortescue. Andy Vesey, an executive at… Read More »Forrest family powerbroker had alleged role in big Fortescue decisions
In January as the global investment bank Goldman Sachs hosted their top clients in Davos, a consensus was reached. Donald Trump was about to enter the White House, setting the scene for the year of the business person. The trade of 2025 was simple: to go long the United States,… Read More »Why the ASX has avoided the worst of Wall Street’s sell-off