Markets live updates: Wall Street continues to regain tariff loses, Amazon disappoints
Amazon's shares fell in extended trade as its cloud revenue growth missed Wall Street's expectations and tariff uncertainty weighed.
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Key Events
34m ago
34 minutes ago
Thu 1 May 2025 at 9:37pm
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47m ago
Thu 1 May 2025 at 9:24pm
Market snapshot
S
By Stephanie Chalmers
ASX futures: -0.4% to 8,130 points
Australian dollar: -0.1% to 63.79 US cents
S
&
P 500: +0.6% to 5,604 points
Nasdaq: +1.5% to 17,710 points
FTSE: flat at 8,496 points
EuroStoxx: flat at 527 points
Spot gold: -1.4% to $US3,240/ounce
Brent crude: +1.3% to $US61.88/barrel
Iron ore: +0.1% to $US96.25/tonne
Bitcoin: +0.2% to $US96,640
Prices current around 7:15am AEST.
Live updates on major ASX indices:
Key Event
34m ago
Thu 1 May 2025 at 9:37pm
US stocks continue streak of gains
S
By Stephanie Chalmers
Good morning!
Steph Chalmers joining you for the first few hours of our markets blog this Friday.
And it was another positive day for US stocks, with
the S
&
P 500 rising for an eighth consecutive session
.
It was the
highest close of the index since April 2
.
Results from
Meta
and
Microsoft
released after the Wall Street close yesterday boosted market sentiment, as they did during the Australian session on Thursday, when tech and data centre-related stocks led the gains.
However,
Apple
and
Amazon
have now released their results and shares are down in after-hours trade so the mood may sour. We'll bring you across the detail shortly.
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