Wall Street has suffered its biggest losses of the year as markets respond to US-China trade tensions. Both the S&P 500 and the Dow also saw their most substantial percentage downturns since January 3.
The fall has set up the Australian sharemarket for a steep decline on Tuesday, the ASX 0.9 per cent lower at the open and the Australian dollar sinking 0.8 per cent. The volatility has come after China announced it would retaliate against the US by matching its tariff increase of 25 per cent in a tit-for-tat escalation.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:
Well there go the Franking Credits. Sorry bout that Bill, you're to late.