07-04-2025, 09:39 AM
$140b bloodbath on ASX as big names plummet
ByClancy Yeates
More than $140 billion has been wiped off the value of Australian shares in a dramatic market plunge, with share prices of corporate giants collapsing in response to the escalating trade war between the United States and China.
The ASX 200 was 6 per cent lower at 10.39 am, after a dramatic plunge on Wall Street over the weekend, with all sectors of the market deep in the red, and the Australian dollar falling under US60¢.
https://www.theage.com.au/politics/feder...5lpmk.html
ByClancy Yeates
More than $140 billion has been wiped off the value of Australian shares in a dramatic market plunge, with share prices of corporate giants collapsing in response to the escalating trade war between the United States and China.
The ASX 200 was 6 per cent lower at 10.39 am, after a dramatic plunge on Wall Street over the weekend, with all sectors of the market deep in the red, and the Australian dollar falling under US60¢.
https://www.theage.com.au/politics/feder...5lpmk.html