Closing Bell

Treasury wines rises after reaffirming forecasts. GDP lower than forecast. ASX climbs

Lovisa falls as new CEO named. Lithium sector rises, helped by corporate activity. Energy bounces

Guzman Y Gomez flags IPO. Telix Pharma jumps to record highs. Gold miners stronger

Catapult Sports jumps on results. Materials and Energy drag ASX lower

Inflation higher than expected, sends ASX lower

Retail sales miss forecasts, Peter Warren and ASX drops. Gold miners climb. Boss Energy falls

Lendlease jumps on strategy change. The Australian sharemarket rebounded on Monday following a sharp sell-off last week.

A Wall Street sell-off impacted Australian capital markets on Friday, leading to a decline in shares across technology, retail, and banking sectors due to rising bond yields and reduced rate cut expectations.

Australian shares trimmed earlier losses, trading around 0.4% lower as trading entered its final hours. This follows Wall Street’s decline after the latest US Federal Reserve policy meeting minutes indicated concern about slow inflation progress.

AP Eagers falls due to lower consumer demand. Webjet rallies on demerger talks. Markets wait for Nvidia earnings overnight

Australian shares dipped midday Tuesday as declines in James Hardie and Sonic Healthcare offset a tech rally following a record high for the Nasdaq.

The Australian sharemarket edged closer to its record high, driven by robust gains in the mining sector.