Business
‘Overheated’ Australian sharemarket takes another breather, miners feel iron ore price dip – NEWS.com.au
‘Overheated’ Australian sharemarket takes another breather, miners feel iron ore price dip
The Australian sharemarket slid lower for the second straight session, ignoring a rebound on Wall Street as lower iron ore and oil prices weighed on producers.The S&P/ASX200 fell 0.64 per cent to 6607.4 while the All Ordinaries Index dropped 0.68 per cent to 6870.9.
US stocks rose overnight after a steep slide in the previous session, as investors shrugged off softer-than-expected economic growth numbers to seek out bargains and applaud some strong corporate earnings, broker Ord Minnett said.
The…
-
General23 hours agoQantas terminal at Melbourne Airport evacuated and flights delayed due to fire
-
General20 hours agoHome of Andrii Yermak, Zelenskyy’s chief of staff, raided by anti-corruption unit
-
General9 hours agoProtecting victims of explicit AI content online
-
General11 hours agoUsman Khawaja describes Perth Stadium pitch for first Ashes Test as ‘piece of shit’