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Australian shares fall after US tech rout over AI spending concerns

By ChordNews · First written (updated )

Live: ASX down, ABC's The Business to end this year
Image: abc.net.au
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Summary

Australian shares are down after a US tech rout driven by concerns about spending on artificial intelligence, while oil hit a five-month high, according to ABC's live markets blog.

Later: Rising oil prices pressure global markets as ASX set to slip · Anthropic files plans to float on the share market as Wall Street rallies

Timeline

  1. ABC

    Source ↗

    ABC reports that Australian shares are down this morning after a US tech rout driven by concerns about AI spending, while oil hits a five-month high.

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