‘Fragile’ ASX sharply lower as bounce fades

about 4 years in theaustralian

Welcome to the Trading Day blog for Thursday, April 2. Australian stocks were lower by mid-afternoon, following world markets down on more grim forecasts of coronavirus infections and deaths.New Zealand’s suspension of dividends to Australian banks also hit bank stocks. On Wall Street, the Dow, S&P 500 and Nasdaq all closed 4.4 per cent lower.

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