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Market Updates
Markets Slide as Trump Tariffs Ignite Global Trade Fears
ASX slips as Trump tariffs spark trade war fears; Cochlear gains FDA approval, Platinum faces $428m fund outflows.
Markets Lifted by Strong Jobs Data, Trade Progress, and Corporate Headlines
Wall Street rallies on strong US jobs data and trade deals. ASX steady as Santos, Qantas, and Air New Zealand headline key market developments.
📈 U.S. Markets Rally to Record Highs Amid Trade Optimism and Stable Inflation
Wall Street hit record highs on trade optimism and steady inflation, while the ASX dipped with Financials and Healthcare lagging. DroneShield (ASX: DRO) surged on a $9.7m contract. Nike (NYSE: NKE) rallied after shifting production to the U.S.
Markets Hold Firm Amid Geopolitical and Policy Uncertainty
US markets held steady as a Trump-brokered Israel-Iran ceasefire eased geopolitical tensions. Fed Chair Powell signalled no immediate rate cuts. Earnings were mixed, with Nvidia surging, while BP, FedEx, and Aurizon dipped. APA gained regulatory approval on Basslink. ASX 200 closed slightly higher, led by Financials and Utilities.
US Markets Rally as Iran Tensions Ease, APA Boosts Distribution | ASX Mixed
US stocks rally as Iran tensions ease and rate cut signals emerge. Brent crude plunges. ASX 200 slips. APA lifts dividend forecast; Collins Foods profit drops. Read the latest market summary from Australian Stock Report.
