Thanks afternoon crew.
End-of-day summary:
The share market closed at its lowest in a month as increased doubts about the timing of interest rate cuts weighed on US stock futures.
A broad decline lowered all sectors as the ASX 200 sank 81.5 points or 1.09%. Weebit Nano, Orora and Charter Hall Group were the index's best performers, gaining more than 2%. Utilities and resource stocks fared worst following overnight declines in iron ore and crude oil.
Weak leads from Europe during a US market holiday were compounded by falling US futures ahead of the resumption of regular US trade tonight. S&P 500 futures dropped 0.34% as Asian markets followed Europe lower.
Overnight, the pan-European Stoxx 600 index shed 0.46% after central bank officials pushed back against expectations official rates could fall as soon as March. Today, the Asia Dow gave up 1.39%, Hong Kong's Hang Seng index 1.92% and China's Shanghai Composite 0.62%.
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Thanks afternoon crew. End-of-day summary: The share market...
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