$50 Billion Wiped Off ASX in Worst Trading Day Since March

$50 billion wiped off ASX in worst trading day since March

The Australian share market is having its worst session in six months, with $50 billion wiped off so far. It comes after Wall Street finished in the red and oil prices passed $US101 a barrel. Follow live.

ASX 200 LIVE: Australian shares to fall as oil surges and global bond yields rise higher on Bessent’s failed buyback plan

Australian shares to drop; Wall Street lower; US plan to triple debt buybacks fails to meet expectations; Apple slips as new iPhones unveiled. Follow live.

ASX Today: Market sinks to worst performance since March

The ASX 200 tumbles 1.8pc as oil tops US$101 a barrel, with St Barbara, DroneShield, Austal and Eagers Automotive making headlines.

ASX 200 Sheds $50 Billion In Worst Session Since March As Oil Tops $101 A Barrel Amid Iran Fears Today

Australian shares experienced their worst trading day since March, with the ASX 200 index dropping 1.53% due to rising oil prices and global bond yields, erasing weeks of market gains.

Lunch Wrap: ASX sinks as oil gets ugly, St Barbara cashes in

Oil is back above US$101, bond yields are surging and the ASX is wearing the consequences. ...

ASX set to fall as oil tops US$101

US stocks fell for a third consecutive session on Wednesday as rising Treasury yields and oil prices continued to weigh on sentiment.The Dow Jones Industrial Average dropped 405.41 points, or 0.77%, to 52,380.66. The S&P 500 fell 0.48% to 7,636.36, while the Nasdaq Composite declined 0.64% to 26,253.34. Treasury yields rose after the US Treasury