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ASX:CAT.AX 28 January 2026

Australia stock market today: ASX 200 snaps winning streak as inflation jolts RBA rate-hike bets

Australia stock market today: ASX 200 snaps winning streak as inflation jolts RBA rate-hike bets

Australian shares ended lower Wednesday, with the S&P/ASX 200 down 0.09% after inflation data showed annual CPI at 3.8%. Swaps now price a 73% chance of a February rate hike. Electricity prices surged 21.5% over the year. The Australian dollar hovered near 69.9 U.S. cents late in the session.

Stock Market Today

  • Dow Edges Up 16 Points as Nasdaq Falls on Tech Selloff and Geopolitical Concerns
    June 9, 2026, 4:42 PM EDT. The Dow Jones Industrial Average rose 16 points to close at 50,801.99 on June 9, 2026, despite a significant selloff in technology stocks. The Nasdaq Composite dropped 314.38 points, or 1.21%, led by declines in chipmakers and AI-related firms like Micron Technology and Advanced Micro Devices. President Donald Trump's statement on Iran heightened market fears, pushing the Cboe Volatility Index to its highest level since April. Investors remain cautious ahead of May Consumer Price Index inflation data set for release on June 10. While oil prices fell nearly 3%, and 10-year Treasury yields dipped, concerns about tighter monetary policy and Middle East tensions weigh on the broader market outlook.

Latest articles

BigBear.ai Stock Drops as Panama AI Buzz Runs Into Dilution Worries

BigBear.ai Stock Drops as Panama AI Buzz Runs Into Dilution Worries

9 June 2026
BigBear.ai shares fell 33 cents to $3.98 as investors weighed a Panama cargo-security deployment, annual meeting results, and the company’s ongoing losses; despite a 14% backlog jump and $431.5 million in cash, revenue conversion remains uncertain, and a recent increase in authorized shares raises dilution risks.
Velo3D shares jump on gas-turbine order; VELO gains traction

Velo3D shares jump on gas-turbine order; VELO gains traction

9 June 2026
Velo3D shares soared 21% to $19.64 after announcing a gas-turbine manufacturing partnership with Aurelia Technologies using its Sapphire XC platform, expanding beyond aerospace and defense; no order value disclosed, so gains reflect expected future work as investors await Wednesday’s investor presentation.
Colorado PERA pay dispute spotlights mix of big bonuses and lower pensions

Colorado PERA pay dispute spotlights mix of big bonuses and lower pensions

9 June 2026
Colorado’s public pension fund paid $11.7 million in bonuses to investment staff after losing $9.8 billion in 2022, even as retirees’ checks lag inflation and the fund faces a $29 billion gap, fueling scrutiny over rising compensation while retirees and taxpayers absorb cuts and higher contributions.
Wall Street on Edge as Nasdaq AI Losses Deepen Before CPI, IPOs

Wall Street on Edge as Nasdaq AI Losses Deepen Before CPI, IPOs

9 June 2026
Nasdaq plunged 1.21% and S&P 500 fell 0.53% as tech and AI stocks resumed their sharp selloff, with the S&P tech index down over 4% at one point, while investors braced for Wednesday’s key CPI inflation data, Iran risks, and a wave of major IPOs that could force further stock rotation.
Dow Edges Up 16 Points, Nasdaq Falls After Bell

Dow Edges Up 16 Points, Nasdaq Falls After Bell

9 June 2026
Tech stocks plunged, dragging the Nasdaq down 1.21% as investors dumped AI and chip shares ahead of key inflation data and after President Trump called for a U.S. response to Iran’s downing of a U.S. helicopter; the Dow edged up just 16 points as volatility spiked to its highest since April 7.
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