The technology-heavy Nasdaq has outperformed peers at the close of trade after chip maker Nvidia's bumper revenue forecast reaffirmed the strength of the AI boom and fuelled gains in technology stocks.
Australia's share market has posted its worst day since early June after three of the big four banks warned interest rate hikes could come sooner than expected.
Wall Street's main indices have closed slightly lower after a US inflation reading came in hotter than expected, while many investors stuck to the sidelines ahead of AI bellwether Nvidia's earnings later in the day.
Australia's share market has handed back an early lead to end the session lower, after hotter-than-expected inflation figures raised the odds of incoming interest rate hikes.
Despite headline inflation falling to 3.5 per cent - the lowest level since November - an above-expectations result adds to the case for more rate hikes.
Wall Street's main indexes have closed higher as technology stocks recovered from a selloff ahead of AI heavyweight Nvidia's results, while investors found some relief in drops in oil prices and bond yields.
Australian shares have clocked a second straight session of gains, as solid earnings, a banking rebound and easing oil prices lifted investor confidence.
The S&P 500 and Nasdaq have ended lower, pulled down by technology stocks as investors weighed fresh US economic pressure against Iran and braced for a week that includes Nvidia earnings and a closely watched inflation report.
The main US stock indices have closed higher but showed declines for the week, which was marked by investor jitters over fluctuating government bond yields and a lack of clarity on progress in the Middle East
Australian shares have fallen for a second week amid high oil prices, US bond market concerns and a sell-off in local banks as housing market gloom persists.
The three main US equity indices have closed lower as rising Treasury yields dented risk appetite while disappointing results from retail bellwether Walmart soured investors on the consumer sector and rallying oil prices fanned inflation worries.
The main US stock market indexes closed modestly higher, as easing government bond yields boosted risk appetites while a dramatic rally in shares of vaccine-maker Moderna drove gains in the healthcare sector.
Wall Street's main indices have closed lower, with semiconductors leading technology declines as Middle East uncertainty pushed bond yields to multiyear peaks, feeding concerns about borrowing costs and inflation.
Wall Street's three major indices have finished lower as investors wait for quarterly reports from large retailers to provide insights into US consumer spending while oil prices rose as the US and Iran appeared no closer to a deal.
Australia's share market has started the week on the back foot as investor concerns about the economic outlook weigh on banks and consumer discretionary stocks.
The S&P 500 has closed lower, dipping from a record high and weighed down by Applied Materials, while investors digested weaker-than-expected retail sales data.
Australia's share market has posted its worst week since April as investors take money off the table amid softer commodity prices and earnings uncertainty.
