ASX wavers as banks decline, gold miners shine; Wall Street hits record

The Sydney Morning Herald - Oct 7, 2026

The Australian sharemarket dithered in Wednesday’s session, in contrast to Wall Street’s record-setting rally, as local traders tiptoed around rising bond yields and oil prices.

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ASX wavers as banks decline, gold miners shine; Wall Street hits record

More News

The biggest media deal in history has all the hallmarks of Trump’s America

‘Double standard’: Business groups urge ATO to reverse its credit card ban

Platina chases strike extensions at emerging Laverton gold play

Forrestania revives WA wheatbelt mine with 223,000oz gold boost

Auric boosts gold bounty 50% with bargain WA buy

Rich Côte d’Ivoire gold strike sends Dalaroo soaring

Shrugging off war, the bond rout and oil crunch: Why Wall Street keeps rallying

Tesla and power giants revolt against Australia’s ‘EV charger tax’

Trying to tame inflation with higher interest rates is dumb and unfair

Customers sent rogue message as major fashion retailer caught in apparent hack

Australia’s great AI hope just hit a speed bump

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ASX gains, led by miners and property stocks; oil prices steady