Business
ASX pounded as virus, US election hits investor confidence – The Australian Financial Review
Technology led the Australian sharemarket lower to its worst session in October as US election uncertainty rattled investors.
“We look at Europe overnight, what we see is we had record numbers in France, we had record numbers in Spain, we had record numbers in Russia, we had the second-highest ever in Germany and the fourth highest in Italy,” said Perpetuals’s head of investment strategy Matt Sherwood. “So that covers the G4 for Europe.
“I think people have cottoned on that there may be more stringent social distancing restrictions required, and that’s going to come at the expense of economic activity,” Mr Sherwood said….
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