Australian shares fall as banks, miners weigh

Australian shares fall as banks, miners weigh

The ASX is on track to snap a three-day winning streak, with banks weighing heavily after a sell-off in their US counterparts.

Slumping bank stocks weigh on Australian shares

Australian shares have dipped following a sharp sell-off in the major banks, after disappointing earnings from their US counterparts highlighted the challenging backdrop for financial institutions.

ASX 200 Slides as Bank Stocks Fall After Wall Street Sell-Off; Glencore Makes Debut on Australian Market

Australian shares fell on Wednesday, led by the major banks after losses among US lenders. Glencore made its ASX debut, while energy and property stocks gained.