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ASX:SBM 11 December 2025

Best ASX Stocks to Buy Now (December 11, 2025): Top Australian Shares for 2026 Growth & Income

Best ASX Stocks to Buy Now (December 11, 2025): Top Australian Shares for 2026 Growth & Income

The ASX 200 is up about 5.4% in 2025, trading near 8,600 and on track for a third consecutive annual gain. The index’s forward P/E stands at 18.1, above its long-term average. Major banks project further gains in 2026, with UBS targeting 8,900 and Morgan Stanley 9,250, citing strength in resources. Materials have surged 24.5% this year, while healthcare and IT lag.

Stock Market Today

  • US Stock Futures Drop on Strong Jobs Data and Rate Hike Concerns
    June 8, 2026, 7:16 AM EDT. US stock futures fell sharply after May's jobs report showed nonfarm payrolls increased by 172,000 and unemployment stayed at 4.3%, fueling worries about a potential Federal Reserve rate hike. S&P 500 E-mini contracts declined about 2.6% while Nasdaq 100 futures dropped nearly 4.8%. Wage growth of 0.3% month-over-month signals a robust job market, pushing volatility higher with VIX futures up 12.8%. Tech and small cap stocks came under pressure, prompting investors to watch more defensive sectors like utilities and real estate. Key upcoming events include earnings reports from Casey's General Stores and Oracle, alongside shareholder meetings for Target and Nasdaq, which will provide further market direction amid elevated borrowing trends.

Latest articles

Dreamland Stock Gains in Pre-Market Trading After Reverse Split

Dreamland Stock Gains in Pre-Market Trading After Reverse Split

8 June 2026
Dreamland shares jumped 62% in U.S. pre-market trading after announcing a 1-for-25 reverse stock split effective June 15 to address Nasdaq minimum-bid compliance, following a 38.7% plunge Friday and a recent 52-week low, as the company faces ongoing risks of delisting and liquidity challenges.
American Airlines Stock Faces Fuel Question as United Merger Buzz Fades

American Airlines Stock Faces Fuel Question as United Merger Buzz Fades

8 June 2026
American Airlines shares closed at $13.50 Friday, up 1.5% on the day but down 5.9% from the prior Monday, as surging fuel costs and a rejected United merger overture keep the stock under industry stress; Brent crude jumped 4.47% to $97.15 a barrel, and American warned fuel expense could rise by over $4 billion this year, with second-quarter earnings guidance ranging from a 20-cent loss to a 20-cent profit.
Delta Back in Hong Kong, but United in Focus

Delta Back in Hong Kong, but United in Focus

8 June 2026
Delta Air Lines relaunched daily Los Angeles-Hong Kong flights, directly challenging United and Cathay Pacific amid high fuel costs and heavy competition; the move tests whether Delta’s premium cabins, cargo capacity, and LAX connections can drive growth as IATA slashes 2026 profit forecasts due to elevated fuel prices and regional disruptions.
FTSE 100 Dips While £2.7bn Takeover Drives London Headlines

FTSE 100 Dips While £2.7bn Takeover Drives London Headlines

8 June 2026
Tate & Lyle soared nearly 13% after Ingredion agreed to buy the British ingredients group for 595p per share in cash, valuing its equity at about £2.7 billion; meanwhile, the FTSE 100 slipped 0.28% as oil’s surge on renewed Middle East tensions lifted BP and Shell but pressured airlines and tech stocks, with higher bond yields adding further drag.
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