Morning Report 18 Dec 25: Wall Street hit by tech rout as AI winners tumble cover art

Morning Report 18 Dec 25: Wall Street hit by tech rout as AI winners tumble

Morning Report 18 Dec 25: Wall Street hit by tech rout as AI winners tumble

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Wall Street fell as technology stocks retreated, with the Oracle–Blue Owl decoupling unsettling markets ahead of a looming wave of debt issuance. US Treasuries also slipped after dovish remarks from Fed Governor Christopher Waller. In commodities, silver surged to a record high above US$66 an ounce, while lithium prices jumped in China on plans to revoke mining licences. Back home, Aussie shares are expected to fall for a fourth straight session amid renewed rate-hike concerns.

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