Thanks @shovel40, @Fiji1 and morning crew.
Half-time wrap:
The share market slumped to its lowest since late March as investors revised their interest rate expectations following unexpectedly strong US employment data overnight.
A broad sell-off drove the ASX 200 down as much as 140 points before a tentative partial recovery. By the halfway mark, the index had trimmed its decline to 104 points or 1.46%.
Rate-sensitive property and growth stocks bore the brunt of the sell-off after a surge in private US payrolls sharpened the odds on a rate rise this month.
Today's loss dragged the Australian share benchmark to a level last seen on March 29 and put in on track for a weekly loss of around 2%.Personal trading: Got some beer money out of BIT. Took HUB at support for more of a short-term trade (looking for a rebound some time next week). Also took GMG for any arvo recovery, but it doesn't seem to have read the memo.
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