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Arcadium Lithium (ASX:LTM) is reevaluating all of its projects and adding a definitive and comprehensive review of its lithium operations at Mount Cattlin in southwest Australia.

The Australian stock market bounced back today after yesterday’s sharp sell-off. This follows a global slump triggered by recession fears in the United States. Investors are now eager to hear about the Reserve Bank’s policy resolution later in the day.

Building products company James Hardie (ASX:JHX) has reaffirmed its guidance for 2025 following a first-quarter functionality for the three months ending in June.

Iron ore rose on Friday to return to $100 a tonne but remained below last week’s final high.

At 11. 35am, the S&P/ASX 200 was up 0. 61 per cent to 7,825. 40. The effects were driven by strong performance in retail stocks, led by JB Hi-Fi. The broader market also gained momentum as global sentiment improved. Consumer discretionary stocks were the most productive compared to the previous ones, while generation stocks also contributed to the positive market sentiment.

The Dow Jones Industrial Average gained ground on Wednesday, supported by encouraging data on US inflation.

US stocks rebounded sharply overnight, after hitting record highs reached last month. This upward trend was boosted by the latest inflation report, which showed signs of easing price pressures.

The immediate and subsequent fall of the lithium market caused surprise waves in the Australian economy, which depends on natural resources.

Finally, there is good news from troubled Transtasmanian building products giant Fletcher Building (ASX:FBU) with the announcement of the sale of key assets.

Treasury Wine Estates (ASX:TWE) is undergoing a primary restructuring, a $300 million write-down of its Treasury Premium Brands (TPB) department and the proposed sale of several underperforming brands.