Benchmark S&P/ASX 200 sank 6% within minutes of market opening – sending it back to levels not seen since late 2023Get our afternoon election email, free app or daily news podcastElection 2025 live updates: Australia’s federal election campaignMore than $160bn has been wiped off the Australian share market, as fears of a full-blown trade war grip investors.The benchmark S&P/ASX 200 sank more than 6% to trade below the 7200 point mark within minutes of the market opening on Monday, sending it back to levels not seen since late 2023. Continue reading…
Source link : https://www.theguardian.com/australia-news/2025/apr/07/asx-200-sp-share-market-australian-dollar-sheds-opening-us-tariffs-trade-war-fears
Author : Jonathan Barrett Business editor
Publish date : 2025-04-07 00:37:00
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ASX 200: Australian share market sheds $160bn on opening as US trade war gloom spreads across globe
