Miners plunge, sending the ASX lower after Wall Street retreats

The Sydney Morning Herald - Oct 7, 2026

The Australian sharemarket slumped in early trade, tracking moves on Wall Street, which pulled back from its record high as elevated oil prices continued to stoke inflation concerns.

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Miners plunge, sending the ASX lower after Wall Street retreats

More News

Europe raids Trump’s tool box for new ‘trade bazooka’ against China

Firmus float in trouble as investors don’t buy the hype

‘Exploring new ways’: Big banks want to share regional branches

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

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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

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

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