The Australian sharemarket was hammered on Friday as escalating global trade tensions and the risk of a US recession continued to unsettle investors.
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A trio of stronger than expected economic data was not enough to stop Australia’s share market trading heavily in the red on Thursday.
The Australian sharemarket was hammered on Friday as escalating global trade tensions and the risk of a US recession continued to unsettle investors.
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The Australian sharemarket booked a second consecutive day in the red on Wednesday as escalating global trade tensions continued to rattle investors.
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Supermarket giant Woolworths and the major miners have sent the Australian share market down to a new six week low on Wednesday.