ASX in 'shock' after $90 billion wiped from market | Sky News Australia

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The Australian stock market has slumped by 2.4 per cent by the end of trade on Tuesday, as the escalating trade war between the US and China begins to impact the market.

Australian shares have lost around $90 billion over the past two days, with technology, health care and energy sectors enduring the worst downturn.

Sky News Business Editor Ticky Fullerton said the market is “waking up” to the multiple “geo-political problems” that have arisen around the world, including the unfolding crisis in Hong Kong.

 

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Scomo can pray it all ok...

And this is why super as it is currently structured is such a fallible idea...

And there goes the surplus!😂😂😂😂

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