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News 2026-10-15 00:54 UTC

Australian Shares Drop Further on Wall Street Jitters, Jobs Data

Australian stocks fell 42 points or 0.5% to 8,686 in early Thursday trading, extending losses to their weakest level in a week. A sharp Wall Street sell-off hit sentiment after hotter-than-expected U.S. inflation data rattled tech stocks and revived bets on Fed hikes. Locally, September jobs data showed the unemploymen