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The Latest Breaking News on Markets

BP profits slump as faltering demand hits refining margins

The energy giant said profits were down more than 30% compared with the same period a year earlier, amid faltering oil demand globally.

The Independent UK

Stock market today: Asian shares mostly rise after Wall Street climbs on Big Tech gains

Asian shares mostly rose after U.S. stocks closed broadly higher with gains in Big Tech companies offsetting a skid in oil-and-gas stocks

The Independent UK

Consumer discretionary stocks buoy local share market

The ASX200 has gained a modest 0.3 per cent, led higher by consumer discretionary, technology and mining.

AAP

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Stock Market Today: Stocks Renew Rally Ahead of Mag 7 Earnings

The Dow Jones led the major indexes higher on the strength of old-school industrial stalwart 3M.

Kiplinger

Stock Market Today: Nasdaq Gains Ahead of Mega-Cap Earnings

The S&P 500 and the Dow Jones Industrial Average slipped as McDonald's continued to slide.

Kiplinger

FTSE 100 ends week in the red as investors look to upcoming Budget

Chancellor Rachel Reeves will deliver the spending statement on October 30, with several tax hikes mooted.

The Independent UK

BP and Shell to reveal lower profits amid decline in oil refining margins

BP reports third quarter results on Tuesday and Shell on Thursday when faltering oil demand is expected to hit earnings.

The Independent UK

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Asia Markets Split After Tesla Boosts Wall Street

Japanese shares fell but Chinese markets gained in a disjointed start to Asian trade on Friday, after Wall Street cheered strong results from electric car giant Tesla.

International Business Times

Mideast war not behind Aussie inflation: opposition

Unlike Australia, inflation and interest rates are falling in the UK, the US, Canada and New Zealand despite conflict in the Middle East, the opposition says.

AAP

Stock Market Today: Stocks Struggle for Direction as Earnings Roll In

While General Motors stock soared after earnings, GE Aerospace and Verizon slumped.

Kiplinger

Australia facing further economic troubles

Australia is facing ongoing economic challenges as Labor holds out hope interest rates will come down before the federal election.

AAP

Most Markets Fall As Traders Weigh US Rates Outlook

Comments from top Federal Reserve officials suggesting they would like to see a slower pace of rate cuts tempered hopes for another bumper cut at the bank's next meeting, while Middle East worries pushed gold to a new record.

Latin Times

Most Asian Markets Drop As Traders Weigh US Rates Outlook

Most Asian markets turned lower Tuesday after a negative lead from Wall Street fuelled by profit-taking, while traders try to ascertain the outlook for US interest rates.

International Business Times

Australian shares tumble 1.7 pct as US bond yields rise

Every sector of the ASX has lost ground as Australian shares tumbled in their worst collective daily loss since early September.

AAP

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Kiplinger

Stock Market Today: Stocks Pause but Nvidia Hits New All-Time Highs

The major equity indexes were mostly mixed on Monday, but Nvidia hit yet another new all-time high.

The Guardian - UK

‘They’re killing us’: Aberdeen braces for end to North Sea oil as clean energy plan takes shape

The granite city has weathered many storms over the years but people there now fear the impact of the government’s tax plans on the local economy and jobs

Kiplinger

Stock Market Today: Stocks Rally on Strong Netflix Earnings

Mega-cap tech leads the charge as markets rise for a sixth straight week.

Kiplinger

Why American Express Earnings Have the Dow Stock Lower

American Express is the worst Dow Jones stock Friday after the payments giant reported a top-line miss in its third quarter. Here's what you need to know.

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The Guardian - UK

Oil price slides amid China slowdown and easing Middle East fears

Brent crude slides by almost $3.50 a barrel to below $74 after Opec cuts forecasts for demand growth

Latin Times

Oil Prices Hit By Easing Middle East Fears, Most Asian Markets Rise

The sell-off came as the commodity is also hit by worries about China's economic outlook after Beijing failed to announce any new stimulus at a weekend briefing.

The Independent UK

Stock market today: Asian shares are mostly higher after Wall St powers to more records

Asian shares have advanced after Wall Street rolled to more records

The Independent UK

Asian stocks mixed as markets wait for China policy briefing

Asian stocks were mixed on Friday as Chinese markets declined amid investors' attention on a key briefing about the details of the upcoming stimulus plan this weekend

The Independent UK

Stock market today: Asian shares rise after Wall Street rally, and China promises a briefing

Asian shares are mostly higher, as market optimism got a perk from the record highs set on Wall Street

International Business Times

Wall Street Likes What Fed Says As Dow Jones, S&P 500 Set Record Highs

The gains came as the Federal Reserve's monthly meeting minutes indicate the likelihood of another 50 basis points interest rate cut on the horizon.

AAP

Aussie shares edge up as Rio seals $10b lithium deal

The ASX200 has finished 0.1 per cent higher, with Rio Tinto announcing after the market closed that it would pay $10 billion to acquire Arcadium Lithium.

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