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ASX closes in on three-month low, falling 0.7pc – The Australian Financial Review
Australian shares ended the first session of the week at a near three-month low, dragged down by losses in the heavyweight mining and bank sectors.
US technology companies were hit again, with Apple sliding 3.2 per cent to its lowest since late July. The iPhone maker’s shares have plummeted 22 per cent since touching a record in early September.
Investors were also watching the growing number of COVID-19 cases in Europe. UK Prime Minister Boris Johnson may plunge Britain into a renewed lockdown, as the second wave of the coronavirus pandemic threatens to escalate out of the government’s control.
While COVID-19 cases appear to be on declin…
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