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October 23, 2026
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ASX drops 2pc in value, billions wiped off share market — as it happened

Australia's share market lost 2 per cent in value on Thursday. Investors were spooked by higher oil prices, which led to rising bond yields across the globe. See how the day's events unfolded on the ABC News live markets blog.
ASX drops 2pc in value, billions wiped off share market — as it happened

Australia's share market lost 2 per cent in value on Thursday. Investors were spooked by higher oil prices, which led to rising bond yields across the globe. See how the day's events unfolded on the ABC News live markets blog.

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ABC Business
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