The Australian sharemarket has pared some of its losses but remains deep in the red at lunchtime on Friday after a wild session on Wall Street.

US stocks have closed lower as Wall Street remains skittish following weeks of doubts and erratic moves.

US stocks have closed lower as Wall Street remains skittish following weeks of doubts and erratic moves.

NEW YORK (AP) — Jarring swings keep rocking Wall Street, and U.S. stocks erased a big morning gain to turn lower Thursday as the market remains...

NEW YORK (AP) — Jarring swings keep rocking Wall Street, and U.S. stocks erased a big morning gain to turn lower Thursday as the market remains...

US stocks have opened sharply lower amid investor doubts that the country's central bank will cut interest rates next month.

US stocks have opened sharply lower amid investor doubts that the country's central bank will cut interest rates next month.

A takeover deal for Australian pharmaceutical manufacturer has been knocked on the head, with the treasurer citing risk to critical medicines supply.

A takeover deal for Australian pharmaceutical manufacturer has been knocked on the head, with the treasurer citing risk to critical medicines supply.

Big swings keep rocking Wall Street. The S&P 500 fell 1.6% Thursday after erasing an early surge that initially had it on track for its best day...