Geopolitics Alpha

Markets today: Aussie shares drop ahead of interest rates decision

Published . Updated .

Covered by 2 outlets: SMH.com.au, The Age.

Markets today: Aussie shares drop ahead of interest rates decision

The sharemarket has fallen following a tech sell-off in the US and ahead of an expected interest rate hike.

Directly affected

  • No company is named in this report.

Indirectly affected

  • TLT iShares 20+ Year Treasury Bond ETF-1.8% 30d

    iShares 20+ Year Treasury Bond ETF: Treasury bond prices move with interest-rate expectations. Linked by “interest rates” (US interest rates) in this story.

  • IEF iShares 7-10 Year Treasury Bond ETF-0.9% 30d

    iShares 7-10 Year Treasury Bond ETF: Treasury bond prices move with interest-rate expectations. Linked by “interest rates” (US interest rates) in this story.

  • JPM JPMorgan Chase-4.3% 30d

    JPMorgan Chase (national commercial banks): rate changes move lenders' margins and borrowers' demand. Linked by “interest rates” (US interest rates) in this story.

  • BAC Bank of America-11.1% 30d

    Bank of America (national commercial banks): rate changes move lenders' margins and borrowers' demand. Linked by “interest rates” (US interest rates) in this story.

  • DHI D.R. Horton+4.7% 30d

    D.R. Horton (operative builders): rate changes move lenders' margins and borrowers' demand. Linked by “interest rates” (US interest rates) in this story.

  • SCHW The Charles Schwab

    The Charles Schwab (security brokers, dealers and flotation companies): rate changes move lenders' margins and borrowers' demand. Linked by “interest rates” (US interest rates) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
TLT-0.20%-1.03%baseafter closeafter closeafter closeafter close
IEF-0.69%-0.98%baseafter closeafter closeafter closeafter close
JPM-0.92%+0.67%baseafter closeafter closeafter closeafter close
BAC+1.08%+1.74%baseafter closeafter closeafter closeafter close
DHI+0.34%-2.12%baseafter closeafter closeafter closeafter close
SCHWNo price data for this ticker———————

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Market Call

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Markets today: Aussie shares drop ahead of interest rates decision SMH.com.au

Source: SMH.com.au

The price since 2 Nov 2026: Ishares Tr (TLT) versus the S&P 500

CompanyWhenMoveStatus
Bank Of America (BAC)three days earlier+1.74%final price
Bank Of America (BAC)five days earlier+1.08%final price
Horton D R (DHI)three days earlier-2.12%final price
Horton D R (DHI)five days earlier+0.34%final price
Ishares Tr (IEF)three days earlier-0.98%final price
Ishares Tr (IEF)five days earlier-0.69%final price
Jpmorgan Chase (JPM)three days earlier+0.67%final price
Jpmorgan Chase (JPM)five days earlier-0.92%final price
Ishares Tr (TLT)three days earlier-1.03%final price
Ishares Tr (TLT)five days earlier-0.20%final price

Trades by members of Congress and officials in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

Who gains and who loses around Ishares Tr (TLT)

Companies mentioned with this story

  • TLT Ishares Tr

    For “Markets today: Aussie shares drop ahead of interest rates decision,” Ishares Tr (TLT) is linked, with no stored direction, medium confidence. Reason on file: iShares 20+ Year Treasury Bond ETF: Treasury bond prices move with interest-rate expectations. Linked by “interest rates” (US interest rates) in this story

  • IEF Ishares Tr

    Ishares Tr (IEF) is linked, with no stored direction, medium confidence in the 2 Nov 2026 story “Markets today: Aussie shares drop ahead of interest rates decision.” Reason on file: iShares 7-10 Year Treasury Bond ETF: Treasury bond prices move with interest-rate expectations. Linked by “interest rates” (US interest rates) in this story

  • JPM Jpmorgan Chase

    For “Markets today: Aussie shares drop ahead of interest rates decision,” Jpmorgan Chase (JPM) is linked, with no stored direction, medium confidence. Reason on file: JPMorgan Chase (national commercial banks): rate changes move lenders' margins and borrowers' demand. Linked by “interest rates” (US interest rates) in this story

  • BAC Bank Of America

    Bank Of America (BAC) is linked, with no stored direction, medium confidence in the 2 Nov 2026 story “Markets today: Aussie shares drop ahead of interest rates decision.” Reason on file: Bank of America (national commercial banks): rate changes move lenders' margins and borrowers' demand. Linked by “interest rates” (US interest rates) in this story

  • DHI Horton D R

    For “Markets today: Aussie shares drop ahead of interest rates decision,” Horton D R (DHI) is linked, with no stored direction, medium confidence. Reason on file: D.R. Horton (operative builders): rate changes move lenders' margins and borrowers' demand. Linked by “interest rates” (US interest rates) in this story

  • SCHW Schwab Charles

    Schwab Charles (SCHW) is linked, with no stored direction, medium confidence in the 2 Nov 2026 story “Markets today: Aussie shares drop ahead of interest rates decision.” Reason on file: The Charles Schwab (security brokers, dealers and flotation companies): rate changes move lenders' margins and borrowers' demand. Linked by “interest rates” (US interest rates) in this story

Ishares Tr (TLT)

The 2 Nov 2026 story “Markets today: Aussie shares drop ahead of interest rates decision” names Ishares Tr (TLT) because of this story.

Ishares Tr (TLT) is on the page because iShares 20+ Year Treasury Bond ETF: Treasury bond prices move with interest-rate expectations. Linked by “interest rates” (US interest rates) in this story

Also listed, Ishares Tr (IEF): iShares 7-10 Year Treasury Bond ETF: Treasury bond prices move with interest-rate expectations. Linked by “interest rates” (US interest rates) in this story

Dates and price levels for Ishares Tr (TLT)

IEF traded between 88.64 and 91.23 across 20 sessions. The latest close on file is 90.08. JPM traded between 325.12 and 345.73 across 20 sessions. The latest close on file is 337.10. TLT traded between 76.44 and 81.94 across 20 sessions. The latest close on file is 79.46.

A simple score for Ishares Tr (TLT)

54 out of 100

“Markets today: Aussie shares drop ahead of interest rates decision” scores 54 out of 100. The score uses 2 sources, and 6 linked companies.