The Latest Breaking News on Markets

OPEC+ is set to raise its oil output goal by 100,000 barrels starting September. OPEC and its allies had been increasing production by about 430,000-650,000 bpd a month. They had, however, struggled to meet full targets as most members have exhausted their output potential following years of under-investment in new…

Australian shares struggle for momentum as gains in miners on the back of firm commodity prices counter losses in technology and financial stocks.

U.S. stocks traded lower midway through trading, with the Nasdaq Composite dropping around 200 points on Friday.

Pre-open movers

Asian shares are mixed after another day of gains on Wall Street amid a deluge of news about the economy, interest rates and corporate profits

U.S.-listed Chinese electric-vehicle stocks surged in early Hong Kong trading on Friday, with Nio Inc (NYSE: NIO) and Li Auto Inc (NASDAQ: LI) adding more than 4%, following a firmer close on

The ASX ends its trading week with a flat session, as investors digested the European Central Bank's first rate rise in more than a decade amid growing political uncertainty in Italy.

Pre-open movers

Asian shares have mostly fallen on persistent concerns about inflation and the Chinese economy, despite an overnight rally on Wall Street