Wall Street
Volatility is king: Markets brace for more turbulence amid meltdown
Global sharemarkets have been a sea of red as the era of cheap money comes to a screeching halt. And investors predict more uncertainty is on the horizon.
- by Clancy Yeates
Latest
Updated
World markets
ASX loses over $50bn in value as recession fears spook markets
The Australian sharemarket is on track to post its biggest weekly loss in two years following a wipeout on Wall Street, as worries about a fragile global economy roar back to the fore.
- by Stan Choe and Lachlan Abbott
Opinion
World markets
Wall Street’s implosion is terrible news for Biden - and it’s going to get worse
After months of dithering, Fed chair Jerome Powell appears ever more serious about reining in inflation. Joe Biden’s re-election hopes could be caught in the crossfire.
- by Jeremy Warner
Updated
World markets
The Wrap: ASX extends slump as rates rally runs out of puff
The Australian sharemarket finished slightly lower, despite making early gains following the Fed’s biggest hike to interest rates since 1994.
- by Lachlan Abbott
Updated
World markets
The Wrap: ASX extends losses ahead of US interest rate decision
The Australian sharemarket has fallen another 1.3 per cent with a looming US interest rate decision on the horizon.
- by Colin Kruger and Lachlan Abbott
‘Worse than Lehman’: Wall Street’s rout triggers some GFC memories
It was just one of those days with losses so gigantic that solely looking at stocks wasn’t enough.
- by Ye Xie, Isabelle Lee, Amelia Pollard and Peyton Forte
Updated
World markets
Bloodbath: ASX enters correction with over $80bn wiped off sharemarket
The Australian sharemarket plunged more than 5 per cent at the open, marking its worst day since March 2020, when COVID-19 rattled investors.
- by Colin Kruger
Opinion
Sharemarket
On high alert: Markets a sea of red as they wait for the big reveal
With markets in turmoil, a critical moment for investors looms at this week’s Fed meeting.
- by Stephen Bartholomeusz
Wall Street hit with a brutal reality check as inflation woes worsen
 Wall Street’s shuddering realisation that inflation got worse last month, not better as hoped, sent markets reeling further.
- by Stan Choe and Damian Troise
Updated
World markets
The Wrap: ASX posts worst weekly decline since April 2020
The ASX200 dropped below 7,000 points for the first in four weeks - down 1.25 per cent to 6,932 - ensuring the market had its biggest weekly decline for the year.
- by Colin Kruger
‘A ways to run’: Wall Street billionaire says there is more sharemarket pain ahead
Stanley Druckenmiller has some bad news for Wall Street and investors around the world: The sharp decline in the sharemarket isn’t over just yet.
- by Brian Chappatta and Katherine Burton