News Formal

Aussie stock market suffers $200 billion loss in second-worst week ever

  • 📰 9NewsAUS
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 72%

United States News News

United States United States Latest News,United States United States Headlines

The Aussie Dollar, which is also heavily reliant on global trade, slipped to a fresh ten-year low of US65.28 cents. 9News

"Loss of occupancy in sectors like childcare will be a problem with the new government payment regime where they get nothing for absent days," says Mr Ryan.

* It is difficult to quantify the impact on demand for goods, services and global growth given no one is sure how long it will last and if it can be cured * Markets at record highs, such as the Australian Securities Exchange, are down in line with other markets, like commodities, that have already droppedWHAT IS THE IMPACT ON LOCAL SHARES?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 10. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Global stocks fall on virus fears after Wall Street plungeGlobal stock markets plunged further Friday on spreading virus fears, deepening a global rout after Wall Street endured its biggest one-day drop in nine years.
Source: 9NewsAUS - 🏆 10. / 72 Read more »