organisation

Wall Street

US financial district and stock market

Business · 19 Oct 2026Wall Street posts worst week since June as tech sell-off deepens

Wall Street closed out its worst week since late June as a broad sell-off in technology stocks, led by chipmakers, dragged the major indices lower. Australian shares are set to edge down at the open, with futures pointing to a fall of 11 points, or 0.1 per cent, and the Australian dollar trading at US69.57 cents.