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ASX sheds 3% in $56bn bloodbath – Yahoo Finance Australia
It comes as Wall Street records its worst losses since June.
The benchmark S&P/ASX200 (^AXJO) has shed $56 billion, after plunging nearly 3 per cent to 5,936.30 at 1:27pm AEST, dragged down by tech and healthcare stocks.
The broader All Ordinaries index (^AORD) is also down 2.61 per cent to 6,136.80 points.
What happened this morning?
The Australian share market is set for a shocking day of trade, after Wall Street saw its biggest sell-off since early June.
It comes just days after the share market recorded its best gain since early August, even …
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