Today: 22 July 2026
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Inflation 13 May 2026 - 25 May 2026

Australia Stock Market Today: ASX 200 Stalls Near 9,000 as NAB Slides, Oil Shock Keeps Traders on Edge. (Indo Premier)

ASX on Watch as Inflation Test Looms After Volatile Week

ASX traders are watching Wednesday’s April inflation release, with last week’s bounce in banks and retailers now in play. The cash market is shut for the weekend, with regular ASX trading wrapping up on business days at 4:00 p.m. Sydney. The 2026 ASX calendar puts the next full day off for the cash market at King’s Birthday, June 8.
T. Rowe Price Now in Focus as PNC Trims Stake

T. Rowe Price Now in Focus as PNC Trims Stake

PNC Financial Services Group trimmed its stake in T. Rowe Price Group by 4.3% during the fourth quarter, selling 22,521 shares, according to a 13F filing. That left PNC with 501,279 shares valued around $51.3 million. The asset manager is shifting back toward U.S. equities while becoming more cautious on inflation-sensitive markets. The move was reported by MarketBeat.
US Stocks Hit Fresh Records as Chip Rally Overpowers Hot Inflation Shock

US Stocks Hit Fresh Records as Chip Rally Overpowers Hot Inflation Shock

Chipmakers and AI stocks sent the S&P 500 and Nasdaq Composite surging to new closing highs Wednesday, shrugging off a hotter inflation print that rattled some nerves. The S&P 500 tacked on 0.58% to finish at 7,444.14, with the Nasdaq advancing 1.21% to 26,404.74. Dow Jones Industrial Average lagged behind, sliding 0.13% to 49,693.63, according to preliminary figures.
AI Stocks Today: Nvidia Leads Chip Rally as Hot Inflation Tests the Trade

AI Stocks Today: Nvidia Leads Chip Rally as Hot Inflation Tests the Trade

On Wednesday, U.S. AI stocks climbed, with Nvidia leading the charge as chipmakers bounced back. Investors continued piling into firms most exposed to artificial-intelligence infrastructure, shrugging off a hotter-than-expected inflation reading that put a dent in hopes for imminent Fed rate cuts. The S&P 500 added 0.57%; the Nasdaq Composite was up 1.12%. The Dow went the other way, according to Reuters.
Gold Price Drop Deepens as Hot Inflation Shakes Fed Bets Before Trump-Xi Talks

Gold Price Drop Deepens as Hot Inflation Shakes Fed Bets Before Trump-Xi Talks

Gold slipped for a second straight session on Wednesday, with new U.S. inflation figures dampening hopes for rate cuts and keeping bullion under pressure. Spot prices dropped 0.6% to $4,686.99 an ounce as of 09:05 a.m. EDT, while U.S. gold futures edged up 0.2% to $4,694.70. Peter Grant, vice president and senior metals strategist at Zaner Metals, attributed gold’s weakness over the last two days to markets increasingly bracing for “higher rates for longer.” Investors continued to keep an eye on the Trump-Xi meeting and ongoing tensions in the Middle East.
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