The Australian sharemarket finds itself back in the red, erasing all Tuesday’s gains as almost all sectors head backwards. The Fed’s decision to cut rates by an aggressive 50bps between meetings seemed to spook markets globally.
Lunch Report: Aussie Shares Slump For 8th Time In 9 Days
The Australian sharemarket finds itself back in the red, erasing all Tuesday’s gains as almost all sectors head backwards. The Fed’s decision to cut rates by an aggressive 50bps between meetings seemed to spook markets globally.
- Published on March 4, 2020
- By Steven Daghlian
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