Australian Shares Slip Below 9,000 as Miners, Tech Weaken
The S&P/ASX 200 fell 0.8% as miners and technology stocks weighed on the index. The report links the selloff to fears of tighter oversight of AI and data-centre investments after Democrats swept the US Congress.
Australian shares slipped back below the 9,000 level on Friday, weighed down by miners and technology stocks as fears of tighter oversight of AI and data-centre investments following Democrats' sweep of the US Congress triggered a selloff on Wall Street.The S&P/ASX 200 index ASX:XJO fell 0.8% to 8…