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Why these market experts aren’t concerned about the ASX 200’s pullback – The Motley Fool Australia
The ASX 200 fell sharply today, down 2.0% in late afternoon trading. But these market veterans won’t be overly concerned.
The S&P/ASX 200 Index (ASX: XJO) fell sharply today, down 2.0% in late afternoon trading.
The ASX and Asian share markets are following the lead of the United States and European markets, where all the major indexes lost ground yesterday (overnight Aussie time).
In the US, the S&P 500 Index (INDEXSP: .INX) fell 2.6%. Technology shares weren’t spared either, with the tech-heavy Nasdaq Composite (INDEXNASDAQ: .IXIC) also dropping 2.6%.
In Europe, Germany’s DAX PERFORMANCE-INDEX (DB: DAX) led the charge…
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