The S&P/ASX200 had shed 198.5 points, or 2.83%, while the broader All Ordinaries had dropped 196.3 points, or 2.7%.The S&P/ASX200 had shed 198.5 points, or 2.83%, while the broader All Ordinaries had dropped 196.3 points, or 2.7%.First published on Wed 14 Sep 2022 03.02 BST
The US federal reserve is expected to continue jacking up the cash rate as Wall Street suffered its biggest hit in two years. “This shows that inflation remains a difficult beast to tame and points to further interest hikes in Australia as well,” he said.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: brisbanetimes - 🏆 13. / 67 Read more »
Source: 9NewsAUS - 🏆 10. / 72 Read more »
Australian share market loses nearly $60 billion on openThe Australian share market plunged almost 2.6 per cent within minutes of opening today, with spooked US investors causing a major slump on the ASX. 9News
Source: 9NewsSyd - 🏆 23. / 51 Read more »