Australian Shares Hit Two-Week Low as Miners Sell Off
The S&P/ASX 200 fell 1% to 8,644.20 points, with heavyweight miners leading losses. A hot US inflation print stirred bets on another Federal Reserve rate hike.
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Miners drag Australian shares to two — week low; hot US inflation weighs
Oct 15 (Reuters) — Australian shares hit a two-week low on Thursday, led by a sell-off in heavyweight miners, with banks limiting further declines as investors turned cautious after a hot US inflation print stirred bets on another Federal Reserve rate hike. The S&P/ASX 200 index fell 1% to 8,644.20 points by 2340 GMT,
Asia markets mixed as bond yields rise and gold climbs 1%
Stock markets were mixed across Asia and elsewhere on Tuesday as bond yields extended recent gains. Gold rose 1%, while the dollar strengthened against major currencies.
Global Markets: Nasdaq hits record high, oil slips, yields fall
The Nasdaq hit a record closing high, boosted by AI stocks, while falling oil prices and retreating Treasury yields improved risk sentiment. European shares rallied, led by banks and tech, and Asian markets were mixed, with Japan higher and China/Hong Kong up on hopes of a trade truce.