The Latest Breaking News on Markets

Australian shares fall, with mining and gold stocks supporting the benchmark index, even as risk appetite remained weak after investors weighed expectations of an outsized rate hike from the US Federal Reserve this week.

U.S. stocks traded lower toward the end of trading, with the Nasdaq Composite dropping more than 1% on Friday.

U.S. stocks traded lower midway through trading, with the Nasdaq Composite dropping over 150 points on Friday.

U.S. stocks traded lower this morning, with the Dow Jones dropping around 300 points on Friday.

Pre-open movers U.S. stock futures traded lower in early pre-market trade on Friday after recording losses on Thursday. The Nasdaq 100 index dipped more than 200 points in the previous session following the release of several economic reports.

Asian stock markets have followed Wall Street lower after higher-than-expected U.S. inflation dashed hopes the Federal Reserve might ease away from more interest rate hikes

The ASX and Wall Street stumble again on worries about steep interest rate rises next week by the Federal Reserve, and after the Reserve Bank governor says more rate rises are needed to curb inflation. The World Bank warns of a global recession because of higher rates.

U.S. stocks traded mostly lower toward the end of trading, with the Nasdaq Composite dropping over 100 points on Thursday.

U.S. stocks traded higher this morning, following the release of several economic reports.

Pre-open movers U.S. stock futures traded mostly flat in early pre-market trade on Thursday after closing higher on Wednesday. The Nasdaq 100 index gained around 100 points in the previous session after U.S. producer prices dropped for a second consecutive month in August.

Asian shares are mixed after modest gains on Wall Street