US stocks have opened lower as Wall Street bucks the Santa Claus rally trend with sparse trading volumes and elevated yields painting a less festive picture.
Staff Writers
The Australian share market has endured a shocker final full day of trading for 2024 – with all but one sector closing the day lower.
Cameron Micallef
Deals fever in the gold mining industry is trickling down to the junior end of town with Astral Resources making a move for Maximus Resources.
Adrian Rauso
The ASX200 index finished Monday down a third of a per cent, in its final full day of trading for 2024.
Derek Rose
US markets closed lower after a sell-off thwarted the seasonal Santa Claus rally.
House prices are expected to rise yet again in 2025 – but there could be a brief window of hope for those looking to crack the market.
Another major Australian property developer has entered administration, citing difficult conditions in the country’s ailing construction sector.
Investors received a late Christmas present with the ASX 200 rising on the first trading session following the holiday break.
Economists have warned Australia’s housing affordability crisis is set to worsen if there is no government intervention.
The ASX200 closed 0.5 per cent higher, with the holiday-shortened week posting the index's best gains since mid-August.
Incoming Neurotech boss Anthony Filippis wants to set his feet firmly under the table by fast-tracking the WA biotech’s bid to secure global partnerships for its oral cannabinoid drug therapy.
Cheyanne Enciso
Wall Street's main indexes closed largely unchanged as Apple stocks increased, edging closer to becoming the first company to be valued at $6.4 trillion.
David French
Listed fruit processor SPC Global has poached Carlton & United Breweries executive John Harwood to be the company’s new chief commercial officer.
The world of looking for pay dirt can quickly build up fortunes and just as easily wipe them out. With the year drawing to a close we take a look at eight junior miners that exemplified this rollercoaster.
US stocks edged higher in a short Christmas Eve session ahead of the holiday shutdown.
Asian stocks are higher and the US dollar remains at a two-year high as investors prepare for fewer Federal Reserve rate cuts in 2025.
Rae Wee
Struggling Aussie homeowners could get a rate cut sooner rather than later as the Reserve Bank says it is “increasingly confident” about a reduction.
The ASX200 finished a quarter of a per cent higher as traders digested Reserve Bank minutes indicating officials remain concerned about inflation.
The "Santa Claus Rally" has seen gains by many of the so-called Magnificent Seven tech stocks push benchmarks up on a holiday-thinned trading day on Wall St.
The ASX has surged back and broken a days-long losing streak - after better than expected inflationary data out of the US sent markets higher around the world.
The ASX200 has bounced back from its losing streak with a 1.7 per cent rally, its best performance since July 31.
A leading bank is expecting a spike in electricity prices until July 2025 putting further pressures on Australians.
Global shares have rallied after a benign reading on US inflation and amid relief that US lawmakers averted a government shutdown.
Amanda Cooper and Wayne Cole
