ASX Turns Red After Trump Speech as Oil Price Jumps

ASX turns red after Trump speech as oil price jumps

The Australian sharemarket turned lower after Donald Trump’s prime-time speech to the US ended global markets’ relief rally over the past two days.

Asian Stocks Set to Track US Rally on Iran Hopes: Markets Wrap

US stocks pushed higher as optimism grew that the war in the Middle East is nearing a conclusion, pulling Brent briefly below $100 a barrel and lifting bonds. The dollar posted its biggest drop in a week.

Stocks Climb, Oil Falls on Hopes War Is Near End: Markets Wrap

(Bloomberg) -- Wall Street staged a dramatic comeback at the end of March, with stocks climbing as oil fell on hopes that the war that has jolted global markets and disrupted energy supplies may be nearing a conclusion.

Closing Bell: Trump rains all over ASX parade; market unwinds gains

ASX reverses from highs of +0.5% to -1.06% US President Trump’s speech fails to impress market Oil prices jump 5% as Iranian conflict continues ASX reverses course on Trump address US President Trump gave his much-anticipated address at midday today, saying a lot of not much. The President reiterated a two-to-three-week timeline to end the war, threatened Iran’s power plants and insisted the Strait of Hormuz is anyone’s problem but his. With no…

US markets rise as oil pulls back; ASX set to edge higher

US sharemarkets rose on Wednesday, extending gains from the previous session as oil prices declined and investors monitored developments in the US-Iran war. The S&P 500 added 0.72% to close at 6,575.32, while the Nasdaq Composite gained 1.16% to 21,840.95. The Dow Jones Industrial Average rose 224 points, or 0.48%, to finish at 46,565.74. The advance follows a strong rebound earlier in the week, with sentiment supported by expectations that the …

ASX Materials Stocks Surge: Buy, Hold, Avoid Stocks in 2026

ASX Materials Surge: Geopolitical Factors and Market Outlook The ASX materials sector rocketed 4.86% on Wednesday, making it the strongest-performing sector on the market. The catalyst was US President Donald Trump stating he may end military operations in Iran within two to three weeks, easing the Middle East tensions that have weighed on commodity markets…