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ASX Slips for a Third Day as Tech Stocks Fall, Gold Miners Advance
The Australian Securities Exchange fell as the Reserve Bank of Australia paused interest rates but indicated possible hikes next year, prompting cautious investor positioning.
Summary by Sydney Morning Herald
5 Articles
5 Articles
Sydney Morning Herald+3 Reposted by 3 other sources
ASX slips for a third day as tech stocks fall, gold miners advance
Gold miners bolstered the Australian sharemarket on Wednesday, but their gains weren’t enough to offset losses by interest-rate sensitive sectors such as technology.
·Sydney, Australia
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Wall St mixed ahead of Fed decision; ASX set for firmer open
US equities ended mixed on Tuesday as investors took a cautious stance ahead of the Federal Reserve’s final interest rate decision of the year. The S&P 500 slipped 0.09%, the Nasdaq inched 0.13% higher, and the Dow fell 0.38%, weighed down by weakness in JPMorgan after the bank outlined higher-than-expected 2026 expenses. Despite the mixed moves, the broader market stayed close to recent highs as traders awaited clarity on the path of monetary p…
Coverage Details
Total News Sources5
Leaning Left2Leaning Right0Center1Last UpdatedBias Distribution67% Left
Bias Distribution
- 67% of the sources lean Left
67% Left
L 67%
C 33%
Factuality
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