News Archive - Page 808 of 1421

01:04 AM

Fri 20 Jun. 2025

The Australian share market at open on Monday

Caltex Australia has returned to profitability and says it will still easily find enough fuel to satisfy its customers despite closing a refinery.

US stocks have closed higher on expectation of more Federal Reserve stimulus and a bullish report on German business sentiment.

US stocks have risen as investors concluded the market had misinterpreted Fed meeting minutes that discussed ending its bond-buying program in 2013.

About 40 minutes into Friday trade, the Dow Jones Industrial Average rose 51.51 points (0.37 per cent) to 13,932.13.

The Australian stock market closed higher after Reserve Bank governor Glenn Stevens painted a rosy picture of the economy.

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