Market Meltdown: Retail Pain, RBA Alarm, and Google's $5B AI Bet

The S&P/ASX 200 Index fell 42 points, or 0.5%, to 9073.20 on Monday, marking a fourth consecutive session of losses. The sell-off was led by a brutal day for retailers, with JB Hi-Fi plunging 12.3% to $71.65 after missing profit expectations. Eight of eleven sectors finished in the red, with consumer discretionary stocks down 3%. Financials were also hit, National Australia Bank (NAB) dropping 4.6% to $39.46 as the bank cited the Middle East...