The Australian share market fell roughly half a percent on Friday as Wall Street tumbled into correction territory overnight, with tech and materials stocks reversing recent gains. Investor concerns about data centre growth and AI slowdown weighed on sentiment. Next week brings ANZ and CBA earnings, RBA commentary, and crucial US jobs data tonight that could shape market direction.
Laura Besarati is a Market Analyst at CommSec. Each episode, she breaks down the day's market movements and explains what the numbers really mean.
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