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News 2026-10-02 01:40 UTC

Australian Stocks Inch Up, Still Facing Fifth Weekly Decline

Australian shares added 18 points or 0.2% to 8,631 in Friday morning trade, rebounding from a 2% slump in the prior session as bargain hunters returned after markets hit their lowest since mid-June amid domestic and global headwinds. Meanwhile, U.S. stock futures edged higher after Wall Street closed little changed ove