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ASX 200 Dips as Mining Stocks Weaken Amid Data

11/17/2025

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Story summary
  • The S&P/ASX 200 fell to a two-month low as mining stocks declined amid falling commodity prices and weak Chinese data.
  • Major miners BHP and Rio Tinto led losses.
  • Australian jobs data reduced the likelihood of a May 2026 rate cut.
  • In the United States, Berkshire Hathaway Inc. funded its Alphabet Inc. purchase by selling Apple Inc. shares, while speculation about a December rate cut fluctuated amid cautious investors.