ASX Opens Higher as Wall Street Rallies with Records
This is about the stock market.
It happened on Friday, May 15, 2026, at 7:47 am.
The Australian share market opened higher after Wall Street had a good day.
Oil prices are around $106 a barrel as the US President and Chinese leader talk about the war in the Middle East.
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Remember, this is not investment advice.
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This is a key event.
It happened on Friday, May 15, 2026, at 10:04 am.
Adelaide Miller wrote this.
Prices were current around 10:00 am AEST.
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This is a key event.
It happened on Friday, May 15, 2026, at 12:06 pm.
Nassim Khadem wrote this.
RBC Capital Markets has a report on the Iran war and its effects.
The report says the Strait of Hormuz might reopen in June.
But there are doubts about the reopening.
The report says the US might not be able to force the reopening.
The situation is uncertain.
The report says oil prices might go up.
The situation is complex.
It happened on Friday, May 15, 2026, at 11:51 am.
Nassim Khadem wrote this.
Mineral Resources shares went down after the company's director sold some shares.
The director sold $122 million worth of shares.
The company said the sale was for personal reasons.
This is a key event.
It happened on Friday, May 15, 2026, at 11:38 am.
Nassim Khadem wrote this.
There might be another interest rate hike in June.
Business surveys show inflation is going up.
The RBA is watching the situation.
It happened on Friday, May 15, 2026, at 11:33 am.
Nassim Khadem wrote this.
There are changes to tax rules for discretionary trusts.
The changes will affect how trusts are taxed.
The changes will start in 2028.
It happened on Friday, May 15, 2026, at 11:24 am.
Adelaide Miller wrote this.
There is a podcast about the energy crisis.
The podcast answers questions about the crisis.
It happened on Friday, May 15, 2026, at 11:15 am.
Adelaide Miller wrote this.
There is a warning about another interest rate hike.
The hike might happen in June.
The situation is uncertain.
It happened on Friday, May 15, 2026, at 11:00 am.
Adelaide Miller wrote this.
HSBC Bank Australia predicts house prices will go down.
The bank says the war in the Middle East is affecting the market.
The bank also says changes to tax rules will affect the market.
It happened on Friday, May 15, 2026, at 10:45 am.
Adelaide Miller wrote this.
The government says changes to investment tax breaks will help with inequality.
Young people are questioning if the changes will help them.
Experts say increasing housing supply is key to equality.
It happened on Friday, May 15, 2026, at 10:30 am.
Adelaide Miller wrote this.
New data shows the most profitable regions for resale in the past year.
The data shows the top 10 regions for median profit.
The data also shows the top 10 regions for share of profitable resales.
It happened on Friday, May 15, 2026, at 10:17 am.
Adelaide Miller wrote this.
The Aussie share market started the day with higher numbers.
The ASX 200 was up 0.4% to 8,671 points.
It happened on Friday, May 15, 2026, at 10:01 am.
Adelaide Miller wrote this.
The ASX opened up 0.2% to 8,659 points.
It happened on Friday, May 15, 2026, at 9:45 am.
Adelaide Miller wrote this.
Battery electric vehicle sales went up to a record market share.
The sales were 16.4% of total vehicle sales in April.
It happened on Friday, May 15, 2026, at 9:30 am.
Michael Janda wrote this.
Morningstar market strategist Lochlan Halloway wrote about the federal budget.
He says the budget was painful for investors.
He also says the future alternative to higher taxes now could be worse for investors.
It happened on Friday, May 15, 2026, at 9:15 am.
Michael Janda wrote this.
Lochlan Halloway also wrote about the 'confession season' in the market.
He says many companies have downgraded their earnings forecasts.
It happened on Friday, May 15, 2026, at 9:05 am.
Adelaide Miller wrote this.
New research links seismic testing to a decrease in fish caught in commercial fishing.
The research found a 99% decrease in catch rates for whiting in the Gippsland Lakes.
It happened on Friday, May 15, 2026, at 8:50 am.
Adelaide Miller wrote this.
There were fresh records on Wall Street as the US market finished its trading day.
The S&P 500 finished up 0.8% to 7,501 points.
It happened on Friday, May 15, 2026, at 8:35 am.
Adelaide Miller wrote this.
AI chip designer Cerebras Systems had a big day as its shares jumped above the IPO price.
The shares opened at $350, well above the IPO price of $185.
It happened on Friday, May 15, 2026, at 8:20 am.
Adelaide Miller wrote this.
Cerebras Systems' IPO is the largest so far this year.
The company's shares soared 89% above the IPO price on their Nasdaq debut.
It happened on Friday, May 15, 2026, at 8:05 am.
Adelaide Miller wrote this.
The Federal Court found Coles broke consumer law by misleading shoppers on discount prices.
The ACCC sued Coles over its 'Down Down' promotional campaign.
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