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ASX:ING 6 December 2025

Australian Stock Market Weekly Wrap: ASX 200 Edges Higher Amid ASX Outage, Strong GDP and Rate-Hike Jitters (1–6 December 2025)

Australian Stock Market Weekly Wrap: ASX 200 Edges Higher Amid ASX Outage, Strong GDP and Rate-Hike Jitters (1–6 December 2025)

Australia’s sharemarket has just finished a choppy first week of December with modest gains, shrugging off a major ASX outage, mixed sector moves and a fresh dose of macroeconomic data that has traders reassessing the Reserve Bank of Australia path for 2026. From Monday’s glitch‑marred session to Friday’s AI‑powered rally in data‑centre and lithium names, the S&P/ASX 200 spent most of the week grinding sideways near record territory rather than breaking decisively higher.

Stock Market Today

  • Nike CEO Pushes for China Growth, Premium Focus as Earnings Disappoint
    July 1, 2026, 8:52 AM EDT. Nike CEO Elliott Hill said the company needs to get back to growth in China, with a push on premium and culturally relevant products and a focus on sport. Hill is leading a turnaround after the latest earnings report left investors unimpressed, signaling that Nike still faces problems in a key market. The plan aims to jump-start Nike's China business and boost its global reach.
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