AAP

The ASX200 has dropped 1.2 per cent to finish the week down 2.8 per cent, its second-worst weekly performance of 2024.

Aussie dollar, shares take a hit as US rate hopes fade

Fed cuts rates by 25 bps, as expected; Crypto stocks fall on Powell comments; Indexes down: Dow 2.58 per cent, S&P 500 2.95 per cent, Nasdaq 3.56 per cent.

The ASX200 closed little changed as US central bankers began deliberating on whether to cut interest rates one final time in 2024.

Australia is on track for a soft economic landing despite budget deficits set to widen as spending grows and tax receipts fall, Treasurer Jim Chalmers says.

Technology stocks have weighed on Wall Street as investors grew cautious ahead of the Federal Reserve's interest rate decision this week following a stronger-than-expected retail sales reading.

The ASX200 rose 0.8 per cent, rebounding strongly from five days of losses as traders swooped in.

Market looks to Fed's final policy meeting of year; Dow Industrials lower; Indexes: Dow off 0.25 per cent, S&P 500 up 0.38 per cent, Nasdaq up 1.24 per cent.

The ASX200 has slumped to another day of negative trading as the market waits for decisions by central banks on interest rates.

Investors await US Fed's December 17-18 meeting; Indexes: Dow down 0.20 per cent, S&P 500 unchanged, Nasdaq up 0.12 per cent.

An extra 5000 social homes will be built under a fast-tracked round of the federal government's Housing Australia Future Fund.

The ASX200 dropped 0.4 per cent on Friday to finish the week down 1.5 per cent, the benchmark index's worst week since early August.

US stocks finished down as investors weigh key economic data ahead of the Federal Reserve's next meeting.

Australia's unemployment rate has unexpectedly fallen to 3.9 per cent, bolstering the argument for the Reserve Bank of Australia to keep rates on hold.

The ASX200 has finished down 0.3 per cent, having plunged 25 points in two minutes after a "blockbuster" labour market report made a February rate cut unlikely.

The Australian government will put $600 million towards a Papua New Guinea team in the NRL, but the deal is contingent on a security agreement between the two countries.

The ASX200 has again finished down and one analyst says if it drops much further, that would trigger a significant pullback.

Wall Street's main indexes closed lower overnight as technology sector losses offset gains in communications services while investors waited for key inflation reports that may influence the Federal Reserve's next interest rate decisions.

The ASX200 finished down a third of a per cent, despite the mining sector posting its best performance in more than two years.

Wall Street's main indexes closed lower overnight, driven by a drop in AI leader Nvidia that weighed on tech stocks, as investors looked ahead to a crucial inflation report set for later this week.

The Nasdaq and the S&P 500 closed last week on record closing highs following upbeat forecasts from Lululemon Athletica and other companies, as US jobs data fuelled expectations the federal reserve would cut interest rates this month.

The ASX200 has fallen 0.6 per cent ahead of a key US jobs report that could determine whether the Fed cuts interest rates one more time in 2024.

US stocks ended lower overnight, with UnitedHealth down sharply and technology shares easing as investors awaited Friday's jobs report.

The ASX200 finished up as bitcoin smashed through the $US100,000 mark for the first time and markets took a lead on possible rate cuts in the US.

The ASX200 has dropped 0.4 per cent, giving back most of the previous day's gains amid instability in South Korea and France.

The S&P 500 and Nasdaq eked out record closing highs on Tuesday, with tech-related shares extending recent gains as investors awaited further jobs data.

The Australian share market has reached another milestone as nine of the ASX's 11 sectors finished higher.

The Nasdaq and S&P 500 scored record closing highs overnight, boosted by tech-related shares following the market's strong November gains, as investors awaited this week's economic data.

The ASX200 has closed at another record high, while a $5 billion deal among two goldminers shook up the mining sector.

The S&P 500 and Dow Jones Industrial Average notched record closing highs during a shortened Black Friday session, lifted by technology stocks such as Nvidia.

The local share market clawed back most of its morning losses to finish down 0.1 per cent for the day, but up 3.4 per cent in November.

A world-first ban on social media for people under 16 will lead to less harm and better outcomes for children, the prime minister says.