The Sydney Morning Herald logo
The Sydney Morning Herald logo

Wall Street

Advertisement
Wall Street jumped with the peace deal spreading relief through financial markets.

ASX set to fall, global stocks jump on peace deal; SpaceX rises again

The US-Iran peace deal brought relief to global stocks overnight but the Australian sharemarket is set to fall at the open.

  • Stan Choe

Latest

Wall Street advanced again

ASX jumps on peace deal; Gold miners and travel stocks rally, oil stocks fall

The Australian sharemarket rallied after Donald Trump announced a peace deal that includes an immediate ceasefire “on all fronts” of the war in the Middle East.

  • Staff writers
Elon Musk appeared via videolink as SpaceX made its debut.

Elon Musk becomes world’s first trillionaire as SpaceX soars in Wall Street debut

Elon Musk is now worth more than the world’s next four richest people combined.

  • Bernard Condon
Antonio Gracias’ potential windfall from SpaceX shows how extreme wealth can be created by betting on one friend over and over — in this case tying himself to Musk, a once-in-a-lifetime wealth-generation machine, and holding on for dear life.

‘One could not ask for a better friend’: Elon Musk’s mate eyes $100 billion windfall

For 25 years, Antonio Gracias has dedicated himself to serving as one of Elon Musk’s most loyal lieutenants, doing anything and everything to aid the tech mogul. On Saturday, it’s payday.

  • Theodore Schleifer
Brett Blundy’s bid to take control of Victoria’s Secret has been dealt a blow.

Victoria’s Secret fends off reclusive Aussie billionaire

Retail kingpin Brett Blundy’s bid to gain control of the iconic lingerie brand’s board met a disastrous reception.

  • Colin Kruger
Wall Street soared as soon as Trump made his announcement.

ASX rallies as traders bet on peace deal

The consumer cyclicals sector outperformed the bourse with a rally of more than 8 per cent over the five sessions.

  • Adrian Black
Advertisement
The AI rollercoaster ride is continuing on Wall Street.

ASX falls as Iran tensions escalate; Energy stocks rise, Southern Cross slumps

The Australian sharemarket declined on Thursday as fresh US strikes on Iran cast doubt on the chances of a deal to reopen the Strait of Hormuz.

  • Staff writers
It’s a lucrative presidency: Donald Trump with sons Eric and Don Jr.

The controversial deal feeding the Trump family’s biggest money-maker

The Trump family’s foray into crypto has been lucrative, but has attracted a lot of scrutiny. One agreement in particular stands out.

  • Olga Kharif and Tom Maloney
Indexes swung lower as companies selling computer chips, memory and other building blocks of the AI boom broke from early gains to losses.

ASX finishes higher as retailers advance; Sigma slumps on Boots talks

The Australian sharemarket rose today as investors shrugged off the latest escalation in the Middle East and another tech sell-off on Wall Street. 

  • Staff writers
Wall Street has regained some of its heavy losses from Friday.

ASX pares losses as banks recover, miners slide, oOh!media jumps on bid

The Australian sharemarket closed slightly lower, recovering from a sharp sell-off in early trade, amid easing tensions in the Middle East.

  • Staff writers