ASX slumps despite AI rebound on Wall Street; NAB and BHP shares decline

The Sydney Morning Herald - Oct 19, 2026

The Australian sharemarket opened sharply lower on Tuesday, with miners leading the losses and only tech stocks in the green as they tracked a rebound in AI stocks on Wall Street.

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ASX slumps despite AI rebound on Wall Street; NAB and BHP shares decline

More News

NAB announces it will cut thousands of jobs

CNN anchor Christiane Amanpour to leave after 43 years

‘We want to show our sincerity’: Stax relaunches with credit program for lost orders

The China car flood is out of control

Kaiser gold loan exit frees $600K a month for mine growth

Forget tall poppy syndrome, corporate Australia is a second-chance saloon

Accelerate hits manganese jackpot with 59.6% Pilbara grades

Great Southern uncovers new high-grade hits in WA gold hunt

Rare earths strike in NT extends 8km beyond previous Barkly hits

Vietjet’s domestic ambitions dealt a blow after court orders global asset freeze

Nightmare on Wall Street: The AI alarm bells are ringing louder

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