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Industrial stocks

Oil concerns return

US equities managed to squeeze out small gains last week despite a further rise in bond yields, likely helped by a slump in oil prices and easing US wage inflation.

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Strong US jobs figure closes week

The Australian share market finished higher on Friday ahead of the United States jobs report, with the benchmark S&P/ASX200 (INDEXASX: XJO) index gaining 28.7 points, or 0.4%, to 6,954.2, while the broader All Ordinaries (INDEXASX: XAO) added 25.5 points, also 0.4%, to 7,143.0.

READ NOW

Oil concerns return

US equities managed to squeeze out small gains last week despite a further rise in bond yields, likely helped by a slump in oil prices and easing US wage inflation.

Listen now

Strong US jobs figure closes week

The Australian share market finished higher on Friday ahead of the United States jobs report, with the benchmark S&P/ASX200 (INDEXASX: XJO) index gaining 28.7 points, or 0.4%, to 6,954.2, while the broader All Ordinaries (INDEXASX: XAO) added 25.5 points, also 0.4%, to 7,143.0.

Listen now
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