AU Morning Wrap: ASX Nears All-Time High, Energy Stocks Rally

The $S&P 500 Index (.SPX.US)$ snapped a six-streak of fresh records, dragged lower by technology shares.

The benchmark index fell 0.1 per cent, while the $Dow Jones Industrial Average (.DJI.US)$ edged up 0.2 per cent, or 60 points, to hit a new high. The tech-heavy $Nasdaq Composite Index (.IXIC.US)$ declined 0.4 per cent. All three indexes finished the week higher.

$S&P/ASX 200 (.XJO.AU)$ is 10 points or 0.1 per cent higher at 7563, fewer than 60 points shy of its August 2021 peak.

Meanwhile, materials are down 0.5 per cent, weighed lower by $BHP Group Ltd (BHP.AU)$, which is down 1.5 per cent $46.81 after Reuters reported that Brazilian federal judge had ruled the miner would pay part of a 47.6 billion reals ($14.7 billion) fine relating to its 2015 tailings dam disaster.

$Gold Road Resources Ltd (GOR.AU)$: Gold Road Resources is the worst performing, down 10.8 per cent to $1.52. The miner has reported a slip in gold production in tis latest quarterly report.

$Woolworths Group Ltd (WOW.AU)$: Supermarket giant Woolworths has warned of two major write-downs in its upcoming half-year report, amounting to around $1.7 billion. Shares are largely unmoved at $36.18.

$Bapcor Ltd (BAP.AU)$: Auto parts retailer Bapcor is expecting to report a slip in profit in its upcoming half-year report. Earnings are expected to increase 2 per cent year-on-year. Shares are 2.7 per cent higher at $5.41.

$IGO Ltd (IGO.AU)$: IGO has said its joint venture partners in the WA Greenbushes lithium mine are expecting volumes in the first half to be "below forecast". Shares have slipped 1.2 per cent to $7.38.

$Perpetual Ltd (PPT.AU)$: Investment firm Perpetual is 2.1 per cent lower at $25.66 after saying clients pulled $4.3 billion of assets from its funds,