S&P/ASX 200 opens slightly lower, before plunging more than 2% a few minutes into the session, erasing Tuesday’s reboundElection 2025 live updates: Australia federal election campaignGet our afternoon election email, free app or daily news podcastAustralian shares swung wildly early on Wednesday, wiping tens of billions of dollars of value from the market over concerns the world’s two largest economies are headed for a full-blown trade war.The S&P/ASX 200 opened slightly lower, before plunging more than 2% a few minutes into the session, erasing the rebound of the previous day. By midday, the benchmark had recovered to the 7,435 point mark, representing a 1% fall for the session.Sign up for the Afternoon Update: Election 2025 email newsletter Continue reading…
Source link : https://www.theguardian.com/business/2025/apr/09/asx-200-australian-shares-bhp-csl-stock-market-plunge-us-china-trade
Author : Jonathan Barrett Business editor
Publish date : 2025-04-09 03:09:00
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ASX 200: Mining companies hit hard as Australian shares plunge on US-China trade war fears
