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Banks and supermarket giants lead ASX lower, oil steadies

Australian shares fell slightly after rallying last week following strong gains by gold miners.

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economictimes.indiatimes.com

smh.com.au

theage.com.au

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AI · summaries

theage.com.au2 g fa

ASX to fall amid AI jitters, oil steadies

Australian shares expected to fall slightly after rallying last week following strong gains by gold miners.

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smh.com.au2 g fa

ASX to fall amid AI jitters, oil drops

US equity funds withdrew $17.2B as markets retreated from AI rally with chip stocks declining; Fed 82% likely to hold rates. Tech leaders should prepare for slower AI infrastructure spending growth and potential capex reallocation amid valuation uncertainty.

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Timeline cronologica

venerdì 3 luglio 2026·economictimes.indiatimes.com
Global Market: Australian shares log best week in 3 as Fed-hike bets cool; banks, miners lead
Indian investors found a reason to cheer as Australian shares posted their strongest week in three, driven by a global surge in commodity and financial stocks. Softer U.S. jobs…
domenica 5 luglio 2026·smh.com.au
Banks and supermarket giants lead ASX lower, oil steadies
Australian shares fell slightly after rallying last week following strong gains by gold miners.

ASX to fall amid AI jitters, oil steadies

ASX to fall amid AI jitters, oil drops

Timeline cronologica

Global Market: Australian shares log best week in 3 as Fed-hike bets cool; banks, miners lead