Australia/New Zealand stocks

[SYDNEY] Australian shares closed at a more-than-three-month low on Tuesday (Sep 15), dragged down by commodity stocks and banks as investors awaited the US Federal Reserve’s rate decision later this week, while higher bond yields and inflation concerns also weighed.

The S&P/ASX 200 index logged its steepest drop since June 4

The insurer’s targets include Australia’s Suncorp and IAG, and Canada’s Intact Financial Corporation

Mining index, BHP hit record high

The index slipped 1.6 per cent last week

Mining companies jumped 2.2 per cent to their highest level since Jun 19

The index surpassed 9,000 points for the first time since mid-April

[SYDNEY] Australian shares snapped a four-day losing streak on Friday (Jul 10) after an upbeat session on Wall Street, even as a re-escalation in the Middle East conflict raised supply concerns.

The index is now less than 450 points away from a technical correction