Latest
Nasdaq sheds 5.8pc on week amid rising outlook worries
The megacap techs paced losses after August’s moderate jobs data miss further frayed nerves, stoking concerns the Fed has waited too long to cut rates.
- Updated
- Timothy Moore
Fed on track for quarter-point cut: Wall Street
Economists mostly took the August jobs data and initial policymaker responses in stride, downplaying the probability of a half-point cut this month.
- Timothy Moore
Earnings season surprises shake up ASX short sellers
Fortescue, Woodside Energy and Pro Medicus have topped the list of companies being bet against as hedge funds rework their strategies after reporting season.
- Joshua Peach
RBA ‘punching itself’; Surcharging rort; Power couple offer villa
Read everything that’s happened in the news so far today.
ASX gains as CBA rallies; Woodside, BHP down
Shares advance; Wall Street mixed ahead of August jobs report; Woodside sells $US2 billion of bonds to help fund acquisitions; iron ore extends decline. Follow updates here.
- Timothy Moore, Joanne Tran and Joshua Peach
ASX to edge higher, S&P 500 lower as jobs data awaited
Australian shares are set to edge up, reversing earlier losses. US equities were mixed as the debate over how much the Fed should cut rates this month raged.
- Updated
- Timothy Moore
Opinion & Analysis
The stage is set for substantial gains in equity markets
The US and Australian economies are inching closer to recessions. Yet, equities and other asset prices remain near all-time highs. Clearly, other forces are at play.
Contributor
Don’t ignore this quiet correction on global markets
Friday night’s US jobs numbers gave markets a nasty jolt, but when we zoom out a more concerning picture emerges.
Columnist
Why this fundie is watching the ‘housing Ponzi scheme’ so closely
From banks to healthcare stocks, the pain of poor housing affordability – and an uneven economy – is shaping Martin Conlon’s thinking.
Columnist
Why Howard Marks says you’re making a big mistake
Howard Marks says investors must ignore manic depressive markets and focus on the bigger picture. Rates will be higher for longer and that will bring pain – and opportunity.
Columnist
Companies in the News
Macquarie Group
The Star Entertainment Group
Updated: Sep 6, 2024 – 4.46pm. Data is 20 mins delayed.
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Meet the Fundie
When bigger is not better: meet the fundies going it alone
As the investment giants grapple with rising costs and dwindling assets, there’s a band of ultra boutique firms that have sprung up and are making waves.
- Joanne Tran
Paradice’s Sam Theodore sees riches in these uranium stocks
The former Blackrock hedge fund manager’s recent trip to Paladin’s flagship Namibia mine has made him more bullish on the controversial energy source.
- Joanne Tran
The stocks that helped catapult ECP to the top of the pile
Fund management veteran Manny Pohl isn’t afraid to tackle short sellers head-on, and his fortitude is paying dividends for the firm that he helped found.
- Alex Gluyas
More From Today
- Opinion
- Sharemarket
The stage is set for substantial gains in equity markets
The US and Australian economies are inching closer to recessions. Yet, equities and other asset prices remain near all-time highs. Clearly, other forces are at play.
- 25 mins ago
- Vimal Gor
Yesterday
- Opinion
- Chanticleer
Don’t ignore this quiet correction on global markets
Friday night’s US jobs numbers gave markets a nasty jolt, but when we zoom out a more concerning picture emerges.
- James Thomson
This Month
- Opinion
- Chanticleer
Why this fundie is watching the ‘housing Ponzi scheme’ so closely
From banks to healthcare stocks, the pain of poor housing affordability – and an uneven economy – is shaping Martin Conlon’s thinking.
- James Thomson
Markets brace for more bad news on US economy
Traders have ramped up bets on rate cuts by the Federal Reserve.
- Cecile Lefort
ASX bounces after sell-off; Woodside sinks 6pc, NextDC rallies
Australian shares end 0.4 per cent higher. NextDC gets speeding ticked on 10pc jump. Santos appoints new CFO. Woodside falls as sell signs converge.
- Timothy Moore, Joshua Peach, Joanne Tran, Alex Gluyas and Cecile Lefort
Copper’s mega-bulls are ‘throwing in the towel’
Once hailed as the decade’s best commodity bet, investors are being forced to temper their expectations following a near 20 per cent slump in prices.
- Alex Gluyas
This chip maker is still cheap despite rallying nearly 60pc this year
Pella Funds Management’s Jordan Cvetanovski says the market is too conservative on Taiwan Semiconductor, the leading producer of advanced chips for Apple and Nvidia.
- Joanne Tran
Shorten quits; Blackstone’s $100b AirTrunk plan; Corrs’ latest exit
Read everything that’s happened in the news so far today.
ASX to edge up, S&P 500 slips amid rate cut debate
Australian shares are set to open modestly higher. US stocks drifted lower as Friday’s August payrolls report is awaited. Oil extends losses.
- Timothy Moore
- Opinion
- Chanticleer
Why Howard Marks says you’re making a big mistake
Howard Marks says investors must ignore manic depressive markets and focus on the bigger picture. Rates will be higher for longer and that will bring pain – and opportunity.
- James Thomson
Sharp rise in unemployment would compel RBA to cut rates
The jobless rate would have to exceed 4.5 per cent to bring rate relief to borrowers and set the task of mitigating above-target inflation to one side.
- Cecile Lefort
Relief for motorists as oil price slides to its lowest point this year
But the decline has wreaked havoc on the ASX energy sector – already one of the worst-performing of the year to date – with Santos and Woodside both down.
- Joshua Peach
Growth blues claim ASX as commodities crumble
Investors are being forced to look beyond the once reliable income growth provided by mining stocks, and are branching out to other sectors.
- Alex Gluyas and Jonathan Shapiro
Economy grows; ASX dives 1.7pc; Inside the Pratts’ legal drama
Read everything that’s happened in the news so far today.
- Opinion
- Chanticleer
Why Nvidia’s plunge has global markets on edge
A historic fall in the chipmaker’s shares was followed by news it is in the sights of competition regulators. Nervous investors are looking over their shoulders.
- James Thomson
ASX dives 1.9pc; Orora rallies 7pc; BHP down 2.5pc
Shares plunge; US manufacturing data frays investor nerves; Orora rallies after selling North American business; Cettire founder lifts stake. Follow updates here.
- Timothy Moore, Joanne Tran, Cecile Lefort, Joshua Peach and Alex Gluyas
ASX to drop, Nvidia sell-off paces Wall St slide, oil plunges
Australian shares are set to plunge more than 1pc amid heavy selling in New York as manufacturing weakness renewed outlook worries. Volatility spikes.
- Timothy Moore
- Opinion
- Investing
Five ‘fallen angels’ on the ASX worth considering
Several former market darlings are beset by short-term issues but could re-emerge as winners.
- Jennifer Mead
Brokers tip these stocks in an already hot sharemarket
Equities strategists and fund managers are working out how to navigate a market that has been on a bull run, creating increasingly stretched valuations.
- Joanne Tran
ASX slips as Mineral Resources tumbles
Shares slip; CBA resets all-time high; EML completes Sentenial sale; Coles, Woolworths, Wesfarmers trade ex-dividend; Fonterra to build $138m cream plant in NZ. Follow updates here.
- Timothy Moore, Cecile Lefort, Joanne Tran, Joshua Peach and Alex Gluyas
