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Australian shares end just shy of record high after Fed's oversized rate cut

Australian shares end just shy of record high after Fed's oversized rate cut ASX hits fresh record high of 8,200.3 points US Fed cuts key interest rate by 50 bps Australia employment jumps sharply, jobless rate steady NZ GDP fell 0.2% in June qtr from prior qtr Updates to close By Echha Jain Sept 19 (Reuters) - Australian shares closed just below a record high on Thursday, with miners leading the gains, as traders cheered the U.S.
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Dollar and stocks gain as Fed charts soft landing

GLOBAL MARKETS-Dollar and stocks gain as Fed charts soft landing Updates prices to 0600 GMT By Tom Westbrook SINGAPORE, Sept 19 (Reuters) - The dollar bounced, long-dated bond yields were up and Asian stocks surged after the Federal Reserve announced a 50-basis-point rate cut and flagged a measured easing cycle ahead, leaving open a path to a soft landing for the U.S.
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Australian tech stocks hit record high on Wall Street optimism

BUZZ-Australian tech stocks hit record high on Wall Street optimism ** Australian technology sub-index .AXIJ gains as much as 0.5% to hit a record high of 2,642.0 ** Sub-index gains as Nasdaq futures NQc1 up 1% .N ** ASX-listed shares of Block Inc SQ2.AX gain as much as 0.8% while shares of Xero XRO.AX add as much as 1.1% ** Sub-index up ~44% YTD a
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Australian mining stocks gain as iron ore prices rebound

BUZZ-Australian mining stocks gain as iron ore prices rebound ** Australian mining sub-index .AXMM gains as much as 2.3% to hit its highest level since Sept 2 ** The sub-index on track to snap a three-day losing streak ** Prices of iron ore futures recover, buoyed by lower stockpiles and higher steel export volumes from China IRONORE/ ** Sub-index
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Australia's Bounty Oil & Gas dips most in 3-1/2 years on preliminary permit denial

BUZZ-Australia's Bounty Oil & Gas dips most in 3-1/2 years on preliminary permit denial ** Shares of Australia's Bounty Oil & Gas BUY.AX fall as much as 33.3% to A$0.003, their biggest loss since early-March 2021 ** The oil & gas explorer hits its lowest level since June 27 ** Co says Australian Industry Minister has preliminary view to refuse petr
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