ASX Slides as War Uncertainty Lingers; Temple & Webster Appoints New CEO

ASX slides as war uncertainty lingers; Temple & Webster appoints new CEO

The Australian sharemarket has slumped again at the open as uncertainty over the Iran war hangs over markets, but Wall Street hit fresh records after another round of impressive results.

U.S. stocks rally toward a record while Brent oil tops $100 on uncertainty about the Iran war

The U.S. stock market is rallying toward another record Wednesday after GE Vernova, Boston Scientific and other big companies joined the list of those reporting fatter profits for the start of the year than analysts expected. But caution is still hanging over Wall Street, and oil prices are also rising on uncertainty about what will happen in the war with Iran.

Lunch Wrap: ASX ignores AI party as Santos rides oil spike

ASX dips as war risk trumps AI hype Energy runs hot while property gets hit Temple and Webster sinks on CEO shuffle   By lunchtime on Thursday in Sydney, the S&P/ASX 200 was down about 0.75%. Overnight on Wall Street, the tech-heavy Nasdaq jumped 1.6% as the AI trade kept doing its thing. Semiconductor stocks rallied for a record 16th straight session, with US investors once again throwing money at anything connected to chips, servers, and data …

U.S. stocks rises toward more records while Brent oil tops US$100

Uncertainty about what will happen in the war with Iran is still impacting oil prices The post U.S. stocks rises toward more records while Brent oil tops US$100 appeared first on Investment Executive.