NEWS.com.au | Business | Markets
The latest business market news from NEWS.com.au
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Wall St soars on strong jobs data
US stocks soared overnight after new data showing an improvement in the job market and a narrowing trade gap bolstered hopes that the US economy was on a recovery track.
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European shares rally, London up 1.19pc
EUROPEAN shares rallied today as investors cheered new data showing the US trade deficit narrowing sharply.
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Shares end higher on jobs surge
THE Australian share market closed today in positive territory, heartened by strong labour figures and solid offshore trading.
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Banks, financials boost shares at noon
THE Australian share market was higher at noon, led by strength across banking and finance stocks.
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Unemployment rate falls to 5.1pc
A BETTER-than-expected increase of 53,100 full-time jobs last month has led to a drop in the jobless rate to 5.1 per cent.
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Stocks open higher on debt auction
THE share market opened higher after an auction of Portuguese government debt eased concerns about the state of Europe's financial system.
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Dollar up on equities
THE dollar has opened higher after touching a one-month high during the overnight session on the back of US equity strength as successful bond auctions eased debt fears in Europe.
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US stocks up as debt worries ease
US stocks closed higher today after a successful auction of Portuguese government debt eased worries about Europe's financial system.
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US stocks up as Europe fears ease
US stocks were slightly up overnight after news of a successful Portuguese debt auction eased the previous day's concerns about the European economy.
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Shares close lower on banks, miners
THE share market closed in negative territory today after the major banks and big miners all posted losses.
