Tag: asx 200

The Australian stock market endured its sharpest decline in three months, losing more than $50 billion in value as global financial markets reacted to a surprise move by the US Federal Reserve. The S&P/ASX 200 index closed down 1.7% at 8168.2 points after hitting an intraday low of 8125.7. The turbulence stemmed from the Fed’s […]

By Sujon Mahmud

December 19, 2024December 19, 2024