ASX Today: Tech Rout and Rate Cut Jitters Wipe $37 Billion from Australian Stock Market – 14 November 2025
Australia’s stock market closed sharply lower on Friday, 14 November 2025, as the S&P/ASX 200 tumbled 1.36% to 8,634.5, its lowest close in around four months. Market Index+1 Roughly $37 billion in market value was erased as investors dumped growth and tech names, repriced expectations for interest rate cuts, and digested a surprisingly strong jobs report that has effectively killed hopes of more Reserve Bank of Australia (RBA) easing in the near term. Sharecafe+1 Tech stocks led a broad-based sell-off, the big banks and major miners were hit hard, and only the energy sector managed to finish in positive territory.