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 fell 53 points or 0.6% to 8,697 in Tuesday morning trade, reversing modest gains from the prior session as overnight losses on Wall Street weighed on sentiment. A sharp selloff in AI stocks followed industry warnings of risks, while surging oil briefly pushed U.S. Treasury yields to 5%. Traders also turned cautious ahead of key releases from main trading partner China later today, including August new home prices, industrial output, and retail sales. Locally, cost pressures and expectations of prolonged Reserve Bank tightening persisted, with markets pricing a 90% chance of a rate hike this month. Healthcare, non-energy minerals, and energy minerals drove the weakness, though gains in consumers, logistics, and services helped limit losses. The big four banks slipped 0.5%–0.8%, while BHP Group (-2.3%), Macquarie (-1.9%), and Evolution Mining (-3.8%). In contrast, Wisetech Global (3.2%), Xero (3.0%), REA Group (2.1%), and CSL (1.2%) advanced.
