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Afternoon Report | ASX slides as Wall St smashed
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This is the Fear & Greed Afternoon Report - everything you need to know right now. Today, Wall Street suffers its worst sell-off since Donald Trump's Liberation Day tariffs, with trillions of dollars wiped from US sharemarkets amid fears of tougher regulation of artificial intelligence. Michael Thompson looks at what's behind the tech rout, and how the Australian sharemarket managed to avoid the worst of the global sell-off. Plus, Asian markets plunge, NextDC bucks the trend on the ASX, and Qantas warns of higher airfares and flight cuts as fuel costs soar. Join our...
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market managed to avoid the worst of the global sell off with the S&P ASX 200 falling half
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B2 · 中高级
能看懂电视新闻就会觉得轻松
- 95% 的单词在 B1 或更简单的水平。
- 每分钟 157 词：自然语速。
- 整集共有 30 个较难的单词（B2 及以上）。
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Welcome to the fear and greed afternoon report for Friday the 6th of November 2026. I'm Michael Thompson and in five minutes we've got everything that you need to know right now and really today it is all about markets. Wall Street overnight suffered its worst sell-off since Donald Trump's Liberation Day
tariff announcement in April of last year. Trillions of dollars wiped from US markets overnight, as investors really dumped technology stocks. But the Australian share market managed to avoid the worst of the global sell off with the S&P ASX 200 falling half of 1% to 9,021 points after a great day yesterday. Though it could have been much worse today locally,
because early in the day, the market was off one and a half percent. But the horror lead in that we had from the US. It's worth taking a closer look at the S&P 500 plunged 4.4%, the tech heavy Nasdaq 6.4%. These moves wiped out 2.3 trillion US dollars in market value. The Philadelphia Semiconductor Index, that's the one that tracks the major chip makers, it tumbled 12%, biggest
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