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News 2026-10-13 05:50 UTC

Banks steady Australian shares as AI rally doubts weigh on miners, tech

Financials post highest close since early September Miners slide 2.2%; Rio Tinto falls 2.4% Asian technology stocks slide after Wall Street selloff (Updates to close) By Nichiket Sunil and Shravya Marakini Oct 13 (Reuters) — Australian shares recouped early losses on Tuesday, with gains in heavyweight banks countering