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The Australian stock market is extending its early losses in mid-market moves on Wednesday, snapping a three-session winning streak, with the benchmark S&P\/ASX 200 falling well below the 8,750 level, following the broadly negative cues from Wall Street overnight, with weakness in financial and technology<\/span> stocks partially offset by gains in energy stocks. Meanwhile, iron ore miners and gold miners are mixed.<\/p>\n The benchmark S&P\/ASX 200 Index is losing 57.60 points or 0.66 percent to 8,726.30, after hitting a low of 8,698.30 earlier. The broader All Ordinaries Index is down 53.10 points or 0.60 percent to 8,868.40. Australian stocks ended slightly higher on Tuesday.<\/p>\n Among major miners, BHP Group and Rio Tinto are edging down 0.2 to 0.3 percent each, while Mineral Resources is gaining more than 3 percent and Fortescue is edging up 0.3 percent.<\/p>\n Oil stocks are mostly higher. Woodside Energy is adding almost 1 percent, while Santos and Beach energy are gaining almost 2 percent each. Origin Energy is edging down 0.3 percent.<\/p>\n In the tech space, Afterpay owner Block is flat. Zip is gaining more than 1 percent, while Xero is losing more than 1 percent, WiseTech Global is edging down 0.4 percent and Appen is declining almost 3 percent.<\/p>\n Among the big four banks, National Australia bank and Commonwealth Bank are losing more than 2 percent each, while Westpac is declining almost 2 percent and ANZ Banking is down more than 1 percent.<\/p>\n Among gold miners, Evolution Mining is losing almost 1 percent, Genesis Minerals is declining almost 3 percent and Newmont is down more than 1 percent, while Northern Star Resources is edging up 0.3 percent and Resolute Mining is gaining more than 1 percent.<\/p>\n In other news, shares in Paladin Energy are tumbling more than 7 percent after reporting downbeat quarterly financials.<\/p>\n In economic news, the Westpac-Melbourne Institute Leading Economic Index fell 0.1 percent on month in September 2026, after remaining flat for the previous two months, marking its first decline since May. Meanwhile, its six-month annualized growth rate held at -0.03 percent, unchanged from August.<\/p>\n In the currency market, the Aussie dollar is trading at $0.700 on Wednesday. <\/p>\n<\/p>\n Market Analysis<\/p>\n<\/div>\n