Australian Market Sharply Lower | Nasdaq
From Nasdaq.:
The Australian stock market is down sharply, with the S&P/ASX 200 falling below 7,700. Major miners like Rio Tinto and BHP Group are losing. Oil stocks like Beach Energy and Woodside Energy are also down. Tech stocks are mixed, with Afterpay owner Block gaining. Gold miners like Newcrest Mining are up. Big banks like Commonwealth Bank and ANZ Banking are declining. The Aussie dollar is trading at $0.662. On Wall Street, stocks pulled back after early gains. In Europe, markets had a mixed performance. Crude oil prices fell due to uncertainty about demand, with WTI Crude oil futures at $78.01 a barrel.
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