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ASX:MYR 11 December 2025 - 17 January 2026

Fletcher Jones is shutting down: What’s next for Australia’s century-old retailer

Fletcher Jones is shutting down: What’s next for Australia’s century-old retailer

Fletcher Jones will close all remaining stores and its online business by the end of January, launching a 30% clearance sale. Owner Matthew Gowty plans to sell the brand after the shutdown. The company, founded in 1924, currently lists three Victorian locations. The move follows Sass & Bide’s announcement to close stores and pause online sales ahead of a relaunch.
17 January 2026
ASX 200 Edges Higher as Miners Rally and Rate Jitters Grow – Australia Stock Market Today, 11 December 2025

ASX 200 Edges Higher as Miners Rally and Rate Jitters Grow – Australia Stock Market Today, 11 December 2025

The S&P/ASX 200 closed up 12.6 points at 8,592 on Thursday, rising 0.15% after a volatile session. Miners led gains as iron ore stayed above $100 a tonne, while tech stocks fell. The US Fed cut rates by 25 basis points but signaled slower easing ahead. Australia’s unemployment rate held at 4.3%, fueling debate over a possible RBA hike in early 2026.

Stock Market Today

  • S&P 500 and Nasdaq Rise as Tech and Chip Stocks Rebound
    June 8, 2026, 5:38 PM EDT. The Nasdaq and chipmaker stocks led gains in U.S. markets, as investors capitalized on bargain opportunities after a recent sharp selloff. The rebound followed easing geopolitical tensions between Iran and Israel, boosting market sentiment. This recovery highlights renewed confidence in the technology and semiconductor sectors, which had suffered amid earlier volatility.

Latest articles

UiPath Stock Slips Near $11 as Wall Street Questions the AI Automation Bounce

UiPath Stock Slips Near $11 as Wall Street Questions the AI Automation Bounce

8 June 2026
UiPath shares dipped 0.7% to $11.17 despite a strong quarter and raised outlook, as investors focused on slow annual recurring revenue growth and analyst caution, with Morgan Stanley cutting its price target and BofA maintaining Underperform, citing the need for clearer evidence that AI-driven automation can accelerate durable contract revenue.
IREN Shares Rally After Bitcoin Rebound and $4.4 Billion AI Data Center Move

IREN Shares Rally After Bitcoin Rebound and $4.4 Billion AI Data Center Move

8 June 2026
IREN surged 9% to $59.19 as investors returned to crypto and AI infrastructure stocks after last week’s selloff, driven by a $3.65 billion investment-grade GPU financing to support its Microsoft AI cloud contract and news of a planned 800MW data-center in Australia, but future gains hinge on execution, contract delivery, and bitcoin price stability.
SmartKem Shares Jump 100% on SRx Investment, SMTK in Focus

SmartKem Shares Jump 100% on SRx Investment, SMTK in Focus

8 June 2026
SmartKem shares soared as much as 150% to $1.135 before settling at $0.84 after SRx Health Solutions disclosed a 4.99% stake and purchase of convertible preferred securities, injecting new investor interest as SmartKem faces a Sept. 1 Nasdaq delisting risk for trading below $1 and warns of “substantial doubt” about its ability to continue as a going concern.
Texxon Trading Halted Six Times as NPT Jumps 284% in New York

Texxon Trading Halted Six Times as NPT Jumps 284% in New York

8 June 2026
Texxon shares soared 283.7% to $4.95, briefly topping $12 before closing just below their $5 IPO price, with trading paused six times for volatility and volume over six times shares outstanding; the company warned that similar IPOs had seen sharp, non-fundamental price swings, highlighting ongoing risk for investors.
Social Security Payments Land This Week—June 10 Recipients

Social Security Payments Land This Week—June 10 Recipients

8 June 2026
Social Security’s retirement trust fund could force a 24% benefit cut by 2032, slashing average monthly payments by about $500 for retirees, according to the Committee for a Responsible Federal Budget, as the official trustees project full benefits only until 2033 and continuing income covering just 77% thereafter.
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