Thanks afternoon crew.
End-of-day wrap:
Aussie shares suffered their heaviest loss in more than three months after the threat of more rate hikes dragged Wall Street to a third straight loss.
The ASX 200 dived 119 points or 1.63%. Today's fall was the sharpest since March, surpassing an 87-point decline on June 6 and a 118-point dive on May 31.
All 11 sectors declined. Tech, REITs and telecoms lost more than 2%.
Just five companies on the index gained more than 1%: NWH, LTR, TLX, CKF and BGL.
Overnight, US stocks fell for a third session after Federal Reserve Chair Jerome Powell said most of his colleagues at the central bank anticipate two more rate hikes this year. S&P 500 futures were down 0.16% at the Australian close.
- Forums
- ASX - Day Trading
- Day traders' after-market lounge June 22
Day traders' after-market lounge June 22
Featured News
Featured News
The Watchlist
WCE
WEST COAST SILVER LIMITED
Bruce Garlick, Executive Chairman
Bruce Garlick
Executive Chairman
Previous Video
Next Video
SPONSORED BY The Market Online