plunged almost 2.6 per cent within minutes of opening today, wiping out an estimated $58 billion worth of value from the market.
Just minutes after the market opened this morning, the benchmark S&P/ ASX 200 was down 180 points or 2.57 per cent to 6829.5 points.The Australian share market plunged almost 2.6 per cent just minutes after opening today. Local shares are plunging after the US revealed higher-than-expected inflation data, further prompting fears of greater interest rate hikes.
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