Weakness among the big miners was offset by gains in finance companies and defensive sectors. Despite the flat trade, Australian stocks have posted their fifth consecutive weekly gain. The benchmark S&P/ASX200 index closed down three ...
The sharemarket rebounded today after US stocks rose due to better-than-expected economic data, suggesting optimism over the global economy is stronger than political concerns in Spain and Italy. The benchmark S&P/ASX 200 closed up 0.8 ...
Tags: US Indexes, economy
The Australian sharemarket closed higher to end a three day run of losses and defy market falls in the US and Europe. At the close today, the benchmark S&P/ASX200 index was 17.9 points, or 0.38 per cent, higher at 4708.1, while the ...
Tags: Australia, sharemarke, US, Europe
AUSTRALIAN stocks are set to rise today after the US avoided falling over its fiscal cliff -- at least for now -- and iron ore prices unexpectedly ended the year in positive territory. US tax and spending cuts due to start on January 1 ...
Tags: US, tax, spending cuts, market confidence
AUSTRALIAN stocks are expected to start the last full trading week before Christmas on a cautious note amid ongoing negotiations over the looming US budget deadline. Futures trading was pointing to a weak start on the local market today, ...
Tags: Markets Struggle, Fiscal Cliff, US budget