Wall Street slumps ahead of expected rate hike by US Federal Reserve | Finance Report | ABC NEWS

By ABC News (Australia)

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The local sharemarket went up today as Wall Street extended its sell-off, weighed down by an expected rate hike from the US Federal Reserve. Oil prices spiked again on further signs of disruption in Saudi Arabian crude supplies. Subscribe: http://ab.co/1svxLVE Read more here: https://www.abc.net.au/news/2026-09-16/asx-markets-business-live-news/107157842 Note: In most cases, our captions are auto-generated. #ABCNEWS #ABCNEWSAustralia #ABCBusiness

Tags: Australia, abc, abc news, news, top movers, market snapshot, finance report, abc finance report, finance news, economic news, economy news, markets news, investment news, global markets, business news, alan kohler, us federal reserve, us bond markets, us bond yield, us economy

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