The Australian sharemarket is set to retreat at the open.

The Australian sharemarket is set to retreat at the open.

European stocks rose as key elections held centre stage with Wall Street closed for the July 4 holiday.

The Australian sharemarket closed lower today after Wall Street struggled for direction ahead of a key US inflation report.

Wall Street is betting that the Fed will start cutting interest rates at its meeting in September.

Wall Street is betting that the Fed will start cutting interest rates at its meeting in September.

US stocks drifted to a mixed finish, and yields jumped in the bond market as elections continue to drive swings in financial markets worldwide.

US stocks drifted to a mixed finish, and yields jumped in the bond market as elections continue to drive swings in financial markets worldwide.

US stocks drifted to a mixed finish, and yields jumped in the bond market as elections continue to drive swings in financial markets worldwide.

US stocks are drifting on Wall Street as another slide for Wall Street heavyweight Nvidia keeps indexes in check.