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Live: Bank stocks keep ASX afloat asWall Street slides on inflation worries

The Australian share market is trading sideways as solid gains from the major banks are offsetting sharp falls across mining stocks. Wall Street finished lower after US Federal Reserve chair Kevin Warsh issued a warning about entrenched inflation. Follow the day's events and insi

This story summarizes reporting from ABC News Australia. Read the original for full context. Wire items stay in our news sitemap for seven days. Editorial policy.

Read full story on ABC News Australia
Stephen Letts30 Aug 2026, 09:09 pmUpdated 1d ago1 min readAsiaAustralia
Live: Bank stocks keep ASX afloat as Wall Street slides on inflation worries

AustraliaStephen Letts

The Australian share market is trading sideways as solid gains from the major banks are offsetting sharp falls across mining stocks. Wall Street finished lower after US Federal Reserve chair Kevin Warsh issued a warning about entrenched inflation. Follow the day's events and insights from our business reporters on the ABC News live markets blog.

This report is published with credit to ABC News Australia. The wire sent a summary; open the original for any extra context. Read on ABC News Australia

Source: ABC News Australia · Stephen Letts. Published 30 Aug 2026, 09:09 pm.

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