Michael Thompson

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Welcome to the Fear and Greed Business News Afternoon Report for Tuesday, the 28th of April, 2026.

I'm Michael Thompson, and every afternoon we've got the five stories that happened today that you need to know about.

Let's go.

Story number one, the S&P ASX 200 fell 0.6% today.

That is a sixth straight decline, the longest losing streak since 2022.

Welcome to Fear and Greed, business news you can use today.

Aussie small cap stocks underperform as investors look for high quality assets.

IFM Investors makes a near $7 billion bid for toll road group Atlas Arteria and two runners break the two hour barrier for the first time at the London Marathon.

And the winner is Adidas.

Plus space ETFs are all the craze and cash is back.

It is Tuesday, the 28th of April, 2026.

I'm Michael Thompson and good morning, Sean Aylmer.

Good morning, Michael.

Sean, the main story this morning, Australian small caps, which are companies ranked 101 to 300 on the ASX in terms of market size, have been among the poorest performers.