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ASX suffers worst day in five months; Dow Jones falls 560 points as GameStop rebounds again – ABC News
The Australian share market is suffering heavy losses, following a tech sell-off across Wall Street — though “meme stocks” like GameStop defied the trend with another…
The Australian share market’s losses have fallen sharply in afternoon trade, following a tech sell-off across Wall Street though “meme stocks” like GameStop defied the trend with another massive overnight surge.
Key points:
- Despite today’s losses, the ASX 200 has risen 1.9pc since the year began
- The Australian dollar hit a three-year high (80.07 US cents), before dropping sharply
- The Nasdaq suffered its worst day since October after the overnight tech sell-off
By 1:15pm AEDT, the ASX 200 index was…
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