US Elections rattle markets | PM 04 Nov 26

The Australian share market staged a late recovery after tracking towards its worst day in five weeks, as US midterm election results spooked investors and dragged down tech and mining stocks. Concerns about potential AI regulation and data center scrutiny weighed heavily, with Asian chipmakers also hit hard. City Chic rallied on better trading momentum, while household spending data surprised to the upside in September.

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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