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Australian shares trade flat, shrugging off US records

Gold producers and uranium stocks outperformed as banks and miners lagged, while BHP fell 1.5% and wiped about $4.6 billion from its market value.

Banks and miners have handed back some of the stock market gains made on Tuesday, as a relative lack of advanced tech stocks continues to cap upside movement.

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The West Australian broke the news in Osborne Park, Australia on Wednesday, October 7, 2026.
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