Australian shares have had a flat final session to end the week slightly lower, as the Iran war and a tighter outlook for global interest rates kept investors subdued.
Wall Street has bounced back as easing oil prices, dropping US Treasury yields and solid labour data helped markets move beyond the Federal Reserve's first interest rate hike in more than three years.
Australia's share market has slumped to 11-week lows as oil prices, interest rates and fading hopes of an artificial intelligence infrastructure boom pummel investor confidence.
Wall Street has ended lower, weighed down by losses in Nvidia and other chip makers after top executives in US artificial intelligence companies raised safety concerns and called for a slowdown in the development of AI.
Australian shares have handed back early gains to end the session flat, as wary investors mulled fresh Middle East attacks and likely incoming interest rate hikes from two major central banks.
Australian shares have had their worst five days since the first week of the US-Iran war, as stubborn oil prices, high bond yields and inflation woes hammer risk sentiment.
US stocks have ended down after producer price data for August and surging oil prices stoked worries the Federal Reserve will hike interest rates next week, while climbing Treasury yields made stocks less attractive.
Australia's share market has clawed its way back from its worst day in almost six months, but inflation and interest rate worries still have traders on edge.
US stocks have closed lower as oil prices soared above $US100 a barrel while Apple dipped and Treasury yields rose ahead of crucial inflation data expected later in the week.
Australians are "furious" about inflation and it will take the nation years to fully get on top on higher post-pandemic living costs, the Reserve Bank's deputy governor says.
Stocks have slipped and oil flirted with $US100 a barrel prices as investors fretted over potential inflation concerns and ongoing conflict in the Middle East.
Australian shares have had their worst session since early June as stubborn oil prices, crumbling consumer confidence and a dim business outlook weigh on banks, real estate and retail stocks.
Ousted DRA Australia managing director Andrew Naude is pushing for his former employer to pay the legal bills he's incurring fighting the group's allegations about share dealings.
Australian shares have had a shaky session as oil prices continued to weigh on confidence and select miners jumped after China announced fiscal stimulus.
Australian shares have fallen for three of the past four weeks after reporting season revealed a K-shaped market, with miners outperforming while economic worries weigh on earnings expectations elsewhere.
Australian shares have notched their first positive session for the week as inflation and bond market jitters ease, but ex-dividend drops in BHP, Woodside and Coles have limited the upside.
