S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market
Australian shares slumped 118 points or 1.3% to 8,950 in early Wednesday trade, marking a third straight session of decline and the lowest level in a month. Overnight losses on Wall Street pressured sentiment, with surging bond yields and higher oil prices stoked inflation and rate-hike fears. Locally, caution mounted ahead of Q2 GDP data due later today, with growth expected to stay sluggish after last quarter’s weakest pace in a year. Meanwhile, July trade figures are also due Thursday following June’s export surge and subdued imports. Losses were broad, led by commercial services, non-energy minerals, healthcare, and consumer stocks. Heavyweights BHP Group (-2.8%) and Rio Tinto (-1.3%) dragged, alongside Northern Star Resources (-4.7%), Evolution Mining (-4.2%), and Pro Medicus (-3.6%). Meanwhile, the big four banks eased modestly. Energy names bucked the trend, with Woodside Energy up 2.0% and Santos climbing 1.3%, helping cap the overall decline.
