# ASX has lowest close since mid-September; household spending weaker than expected — as it happened  - ABC News

> The ASX 200 closed at 8,118.80, its lowest level since mid-September, after a tech sell-off on Wall Street. Household spending data came in weaker than expected.

- Date: 2024-10-31 · published 2024-10-31T12:00:00.000Z
- Category: market · region Australia · magnitude low
- Page: https://feedsoft.ai/events/28123-asx-has-lowest-close-since-mid-september-household-spending-weaker-than
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

Equity weakness and softer household spending point to lower Australian domestic demand, with limited direct impact on feed or grain prices.

## Sources

- abc.net.au: https://www.abc.net.au/news/2024-11-01/asx-markets-business-live-news-nov1-2024/104547706

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.