Market spooked by seven-week high? | PM 29 Oct 26

30 Oct 2026 · 9:29

Episode Market spooked by seven-week high? | PM 29 Oct 26

0:00 9:29

The ASX 200 gained modestly on Friday after an eventful week and month. Rising inflation raised RBA rate hike prospects for next Tuesday, while US tech giants including Alphabet faced significant declines. Retailers staged a recovery following Thursday's weakness, though materials and technology lagged. Next week brings RBA decisions, major bank earnings, and US midterms. Steve Daghlian and Laura Besarati are Market Analysts at CommSec. Each episode, they break down the day's market movements and explain what the numbers really mean.

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