The Australian bourse has slipped, with a sell-off in precious metals, oil and other commodities dragging down resource companies as the US dollar surges and more ships pass through the Strait of Hormuz.
Australia's share market has snapped a four-session losing streak, but investor sentiment remains subdued with the Reserve Bank's battle with inflation far from over.
The Nasdaq and the S&P 500 have closed at more than one-week lows, dragged down by sharp losses in semiconductor stocks as investors scrutinised growing debt-funded AI spending.
Australia's share market has handed back an early improvement after the morning's optimism gave way to caution by the afternoon, ahead of key incoming economic data.
Australia's share market has had a bland session as investors weighed progress in US-Iran peace talks, while the local IT sector was hit by a significant stock plunge.
Australia's share market has wiped most of the week's gains in two sessions, as a rising greenback and global growth concerns dragged metals prices lower.
US stock indices have rallied, with the Nasdaq's 1.9 per cent advance boosted by gains in semiconductor shares while inflation fears eased after the US and Iran signed a peace agreement.
Australia's share market has broken a four-session winning streak, after US interest rate worries hit risk sentiment, despite oil prices continuing their decline.
Australia's share market has clutched a fourth straight session of gains, buoyed by miners as oil prices extended losses with more details of the US-Iran peace deal emerging.
The Nasdaq Composite and the S&P 500 have finished lower under pressure from technology stocks while the Dow Jones Industrial Average marked its second straight record close.
Australia's share market has squared an early dip for an almost flat finish, after the Reserve Bank held the cash rate steady and flagged a data-dependent path ahead.
Wall Street has rallied, with the Nasdaq climbing 3.0 per cent and the Dow marking a record-high close after the United States and Iran struck a preliminary agreement to end the Middle East war and reopen the Strait of Hormuz.
Australia's share market has notched its best two-session performance since April following reports the US and Iran have agreed on the terms of a peace deal.
Borrowers can finally expect relief from quickfire interest rate rises with the Reserve Bank poised to maintain the status quo for the first time in 2026.
US stocks ended higher on Friday as investors held out hope for a peace deal between Iran and the United States and as SpaceX shares surged in their debut, making it Wall Street's biggest public listing in history.
Australia's share market has posted its best week in two months after days of escalating attacks between the US and Iran gave way to optimism around a potential peace deal.
