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News 2026-10-15 00:49 UTC

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,