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Tech tumbles, Aussie jobs surprise, oil jumps | Market movements

4:49

SHARESIES · MARKET MOVEMENTS · 28 JULY 2026 Jacki Neumann, Head of Capital Markets at Sharesies

Note: Filmed Tuesday 28 July

↑ WHAT’S UP — Renewed Middle East conflict drove Brent crude oil up nearly 14% for the week and back above US$100 a barrel, lifting ASX energy names like Santos and Woodside. The NZX 50 gained around 0.6% even while overseas markets fell.

↓ WHAT’S DOWN — Alphabet fell…