Defensive close for ASX week

Apr 22, 2022 | Daily Market Report Australia

120 points, to 7473. Today’s losses snapped a five-day winning streak and was the largest daily decline since 24 February 2022, says CommSec. This comes after the US Federal Reserve’s flagged a more aggressive stance on rate hikes and reaffirmed that taming inflation is ‘absolutely essential’. The interest-rate sensitive Tech sector slumped 2.5%, its second […]

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Defensive close for ASX week

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