ASX: The local market is expected to open lower this morning after a sell-off on Wall Street overnight.
This comes after the , as consumer stocks were hit hard in yesterday's session.
Wall Street: on Thursday after markets failed to claw back from their worst day since June 2020.
The declines extend a recent sell-off in equities, ignited by worries the Federal Reserve's interest rate hikes to rein in persistent levels of inflation may spur an economic slowdown.
Crypto: Meta () CEO Mark Zuckerberg is .
Zuckerberg said he believed the sector would be worth US$3 trillion in the future. So far, however, all he has to show for it is billions in expenses and a plummeting stock price.
Federal election: The Coalition and the Opposition are leaving nothing to chance on the , as a new poll shows Labor could win government.
Scott Morrison and Anthony Albanese will begin today on opposite sides of the country in a last dash to win over voters ahead of Saturday's election.
Oil and gas: Australia's fossil fuel industry says it has as $120 billion in projects sit in the pipeline.
Australian Petroleum Production and Exploration Association board chair Ian Davies has sounded a rallying cry to the industry saying its products are “essential to everyday life” and “crucial for the economy".
BHP deal: Woodside shareholders have overwhelmingly approved the company's , which will now take place in less than a fortnight.
Nearly all (98.6 per cent) of shareholders approved the blockbuster deal, which will transform Woodside, from a company mostly focused on LNG production off the coast of WA, to a global player with assets on four continents.
Pay rise: under a new one-year collective bargaining agreement.
Top-tier players will be paid $71,935, while the minimum AFLW wage will increase from $20,239 to $39,184.
Ukraine crisis: The G7 has agreed to , funds that Ukraine's prime minister Denys Shmyhal said would speed up its victory over Russia.
Shmyhal said the money was just as important as "the weapons you provide".
Horizon Minerals Limited (ASX:HRZ) is pleased to advise that it has received firm commitments to place approximately 44.4 million fully paid ordinary shares in the Company at $0.09 per share to raise $4.0 million.
Wall Street's main indexes have posted solid gains, fuelled by strong performance from defensive and tech shares that outweighed declines for economically sensitive groups as worries persisted about a potential recession.The benchmark S&P; 500 swung between positive and negative during the session but stocks picked up steam heading into the market's close.
Just days after successfully raising $20m from investors keen for a slice of Apiam Animal Health Limited (ASX:AHX) and their rapidly growing business, the vet clinic operator has secured a prized asset in one of Victoria's fastest growing regions located just 40km north of the CBD.
Wall Street's main indexes have jumped sharply in a broad rally as signs of slowing economic growth and a recent pullback in commodity prices tempered expectations for the Federal Reserve's rate-hike plans.All 11 S&P; 500 sectors ended higher.