Wall Street rocky on bond market pressure, ASX set to rise
Australian stock markets saw a modest rebound following a period of volatility driven by inflation concerns and interest rate hikes. While energy and financial sectors showed gains, investor confidence remains fragile due to ongoing global market risks.
Why it matters
Market fluctuations in Australia reflect broader global economic anxieties regarding inflation and the impact of central bank interest rate policies.
— 5:06pm , first published October 2, 2026 — 5:23am
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Share A A A Australian shares have scraped through to end a four-week losing streak, but investor confidence remains shaky as inflation, interest rates and a challenging earnings environment loom.
The S&P/ASX200 rebounded by 67.7 points on Friday, up 0.79 per cent, to 8682.1, as the broader All Ordinaries rose 60.3 points, or 0.69 per cent, to 8854.7.
It was a rollercoaster ride on global markets overnight. Bloomberg The final session took the leading index 0.2 per cent higher for the week, swinging high and low as traders digested an interest rate hike, better-than-feared inflation numbers and a raft of unresolved market risks.
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