The ASX traded largely flat on Tuesday, after recovering early losses, as iron ore prices fell and US futures pointed down. JB Hi-Fi shares jumped on the retailer’s record earnings.
The ASX traded largely flat on Tuesday, after recovering early losses, as iron ore prices fell and US futures pointed down. JB Hi-Fi shares jumped on the retailer’s record earnings.
A gauge of global equities faltered after its best start to a year in a generation as investors assessed whether the rally had gone too far given the outlook for inflation, growth and earnings. European stocks rose.
Australian shares are expected to rebound after US investors piled back in, in offering a ray of light as a dismal year for stocks and bonds draws to a close.