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Wall St closes higher after choppy trade

US stocks have closed higher as Federal Reserve chair Jerome Powell reiterated the central bank's focus to bring back inflation to its 2.0 per cent target.

2 min read

The benchmark S&P index on Wall Street has slumped about 23 per cent year-to-date.

Stocks eye steepest slide since 2020

Dollar climbs 1.8 per cent against the yen to 134.55; Nikkei falls 1.8 per cent; S&P 500 futures and Nasdaq 100 futures both up 1.1 per cent.

3 min read

The Nasdaq plunged four per cent and the S&P 500 fell 3.3 per cent on Wall Street overnight.

Meltdown worsens with 1.8pct drop for ASX

4 min read

The local stock market is expected to fall at the start of trading after Wall Street lost ground.

Wall Street slumps as recession fears grow

3 min read

All of the 11 major S&P sectors fell in early trading on Wall Street.

Shares fall as Swiss rate hike adds angst

3 min read

The Fed's move followed data showing a sharper-than-expected rise in US inflation in May,.

Yet more red: ASX suffers fifth losing day

3 min read

Tech stocks and property have been gaining ground.