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Australian shares hit over 3-month low as oil rally revives inflation worries

Australian shares hit over 3-month low as oil rally revives inflation worries

Sept 24 (Reuters) - Australian shares hit a more than three-month low on Thursday, with most sectors trading in negative territory, as a sharp rise in oil prices revived concerns that inflation could stay persistent and keep monetary policy tight.

Australia's jobless rate hits five-year high, RBA hike still seen

Australia's jobless rate hits five-year high, RBA hike still seen

By Stella Qiu and Wayne Cole SYDNEY, Sept 24 (Reuters) - Australia's jobless rate unexpectedly rose to a five-year high in August even as employment enjoyed a solid rebound, a mixed report that left markets still wagering on an imminent rate hike to fight inflation.

Australia's unemployment rate hits five-year high in August as more seek work

Australia's unemployment rate hits five-year high in August as more seek work

SYDNEY, Sept 24 (Reuters) - Australian employment rose more than forecast in August but the unemployment rate still hit a five-year high as more people went looking for work, data showed on Thursday.

Nasdaq hits intraday record high on Alphabet boost, Mideast negotiation hopes

Nasdaq hits intraday record high on Alphabet boost, Mideast negotiation hopes

By Johann M Cherian and Tharuniyaa Lakshmi Sept 22 (Reuters) - The tech-heavy Nasdaq hit an intraday record high for the first time since early June on Tuesday, underpinned by strong gains in Gemini-parent Alphabet, while optimism over potential U.S.-Iran talks boosted broader market sentiment.

Wall St futures pause after AI rally, focus on Mideast tensions

Wall St futures pause after AI rally, focus on Mideast tensions

Sept 22 (Reuters) - Wall Street's main indexes were steady on Tuesday, following strong AI-driven gains in the previous session, while investors awaited potential talks between the United States and Iran that could end their six-month-old conflict.

Reserve Bank of Australia Governor Discusses Economic Challenges and Policy Approaches

Reserve Bank of Australia Governor Discusses Economic Challenges and Policy Approaches

Reserve Bank of Australia Governor Discusses Economic Challenges and Policy Approaches

European stocks gain as markets upbeat on potential US-Iran talks

European stocks gain as markets upbeat on potential US-Iran talks

By Sudeshna Ghoshal and Purvi Agarwal Sept 22 (Reuters) - European shares closed slightly higher on Tuesday as investors watched for developments in US-Iran tensions that could influence oil prices and risk appetite.

Nasdaq hits intraday record high, AI stocks rally

Nasdaq hits intraday record high, AI stocks rally

By Noel Randewich and Johann M Cherian Sept 22 (Reuters) - The Nasdaq rose on Tuesday, touching an intraday record high with a boost from Micron Technology and other AI-related stocks, while the S&P 500 hovered near flat and just short of a record high as oil prices traded around $100 per barrel.

Nasdaq reaches record high close, AI stocks rally

Nasdaq reaches record high close, AI stocks rally

By Noel Randewich and Johann M Cherian Sept 22 (Reuters) - The Nasdaq notched a record high close on Tuesday, lifted by Micron Technology and other AI-related stocks, while the S&P 500 hovered just below a record high as oil prices traded around $100 per barrel.

Tech leads shares higher in Asia, oil eases

Tech leads shares higher in Asia, oil eases

By Wayne Cole SYDNEY, Sept 21 (Reuters) - Share markets edged higher in Asia on Monday as AI's insatiable demand for data buoyed chipmakers, and oil eased as hopes Saudi Arabia could boost supplies offset news of a Houthi attack on Riyadh.

Tech lifts share markets in Asia as oil slips

Tech lifts share markets in Asia as oil slips

By Wayne Cole SYDNEY, Sept 21 (Reuters) - Share markets rose in Asia on Monday as AI's insatiable demand for data buoyed chipmakers, and oil eased on reports more supply was finding its way out of the Gulf than previously thought despite the ongoing conflict.

Tech leads shares higher in Asia as oil slips

Tech leads shares higher in Asia as oil slips

By Wayne Cole SYDNEY, Sept 21 (Reuters) - Share markets edged higher in Asia on Monday as AI's insatiable demand for data buoyed chipmakers, and oil eased on reports more oil was finding its way out of the Middle East than previously thought despite the ongoing conflict in the Gulf.