AAP

The ASX200 fell 0.7 per cent, retreating from its record high, after US President-elect Donald Trump unsettled markets with talk of tariffs.

Wall Street's main indexes ended higher overnight, with the small-cap Russell 2000 index hitting an all-time high after Scott Bessent's nomination as US treasury secretary helped push bond yields lower.

The ASX200 rose 0.3 per cent to close above 8,400 for the first time while setting an intraday record of 8,462.1.

Wall Street closed higher to end last week, with all three major indices posting weekly gains as investors took comfort from data pointing to robust economic activity in the world's biggest economy.

The ASX200 rose 0.9 per cent to record its highest ever close, with every sector except technology gaining ground.

Wall Street's main indexes closed higher overnight after choppy trading on Thursday, with the blue-chip Dow and the S&P 500 hitting one-week tops.

The ASX200 finished flat after a better-than-expected earnings from AI chipmaker Nvidia failed to propel the market higher.

Boosting clean energy and housing supply investments will be added to the priorities for Australia's sovereign wealth fund under a revamped mandate.

The ASX200 has finished 0.6 per cent lower, taking a breather after four days of gains as Ukraine launched US-made missiles into Russia.

Anthony Albanese has backed commitments by global leaders to deepen climate change action as Australia positions itself as an attractive place for renewable investment.

The ASX200 finished up 0.9 per cent to set a new record closing high after climbing above 8,400 for the first time in afternoon trade.

The Nasdaq and S&P 500 closed higher overnight, recovering some losses as investors anticipate quarterly earnings from AI leader Nvidia.

The ASX200 finished 0.2 per cent higher, with losses by the big four banks countered by gains by goldminers, iron ore producers and uranium companies.

Australia has revived its trade relationship with China without compromising any of its national interests, prime minister Anthony Albanese says.

The local share market finished Friday up 0.7 per cent, but couldn't recoup all of its losses from the start of the week.

Wall Street's main indexes closed lower overnight after federal reserve chair Jerome Powell dampened investors' hopes for another interest rate cut this year by saying the US central bank need not rush to ease monetary policy.

The ASX200 has edged higher to lift itself out of a three-day losing streak, as gains in IT stocks and financials outweigh a sluggish materials sector.

The Dow and the S&P 500 ended slightly higher overnight while the Nasdaq lost ground after October data showed consumer prices rising in line with expectations.

The ASX200 has fallen for the third straight session, with financials and mining stocks weighing heavily on the market.

A $900 million fund has been welcomed by economists hopeful it will modernise the construction industry where productivity has been flat for three decades.

Australia believes it can play a role in negotiating trade disagreements between the US and China under a second Trump administration, as PM Anthony Albanese confirmed he discussed trade with the incoming president.

The local bourse has ended 0.1 per cent lower as falling commodity prices hit energy and materials stocks.

Wall Street's main indexes notched record high closes overnight, lifted by stocks expected to benefit from Republican US President-elect Donald Trump's potential fiscal policies.

The ASX200 has slipped 0.4 per cent after investors punished mining stocks for a dip in commodity prices following underwhelming Chinese stimulus measures.

The S&P 500 briefly surpassed the 6000 mark and closed with its biggest weekly percentage gain in a year.

The ASX climbed for its third day in a row on hopes of stimulus from Beijing and a US central bank cautious when queried on the inflationary outlook under a second Trump presidency.

US stocks closed higher after the Federal Reserve announced an interest rate cut, extending a sharp rally sparked by Donald Trump's return as US president.

The local bourse has bounced around as traders digested the implications of former president Donald Trump's return to the White House for Australian companies.

The competition watchdog has approved the $8.8 billion merger of pharmacy businesses Chemist Warehouse and Sigma Health, after deciding it won't hamper consumer choice.

The Australian share market finished in the black as counting continues in the US presidential election.

UPDATE: Republican former president Donald Trump has claimed victory in the US presidential election in a stunning political comeback.

While the presidential election between Kamala Harris and Donald Trump heads to an uncertain finish, exit polls show most US voters say democracy is in danger.