AM 19 Oct 26: Wall Street tumbles as AI sell-off gathers pace

18 Oct 2026 · 8:21

Episode AM 19 Oct 26: Wall Street tumbles as AI sell-off gathers pace

0:00 8:21

Wall Street tumbled on Friday as the AI sell-off gathered pace, with chip stocks extending their losing streak and surging oil prices adding to investor concerns. The ASX is poised for a flat open after its strongest session since August, but what could the latest developments mean for local trading today? Plus, why soaring sugar prices could soon put more pressure on household budgets.

Join James Gruber, Equity Market Strategist, and Gillian Bowen, Head of Media and Markets at CommSec, as they take you through all the key numbers.

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