Business
Afterpay & Zip lower, AGL signs Portland Smelter deal
At lunch on Friday the S&P/ASX 200 Index (ASX: XJO) is off its intraday low but still trading lower for the day. The benchmark index is currently down 0.3% to 6,726.1 points.
Here’s what is happening on the market today:
Tech shares act as a drag
Australian tech shares including Afterpay Ltd (ASX: APT) and Zip Co Limited (ASX: Z1P) are acting as a drag on the ASX 200 on Friday. This follows a selloff of US tech stocks overnight after bond yields surged to new 14-month highs. Positively, though, with US futures pointing higher, many tech shares are now recovering from their lows for the day.
Fortescue raises US$1.5 billion
The…
-
Business21 hours agoWhere will Berkshire Hathaway be in 1 year?
-
Noosa News24 hours agoPolice reject claims about detained protester; SEQ train lines to be disrupted; BlueCare to cut enrolled nurses
-
Noosa News16 hours agoTwo trapped and fighting for life after major three-vehicle crash in Brisbane
-
Noosa News23 hours agoNick Cave and The Bad Seeds Are Bringing Their ‘Wild God’ Tour to Australia and New Zealand in 2026