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Moomoo News AU

Aug 29, 2022 07:30

Columns AU Morning Wrap: ASX sinks 2%, led lower by tech

G'day, mooers! Check out the latest news on today's stock market!
• Powell puts pivot hopes to rest, Dow dives 1,000 points
• Australian shares tumble on Monday, ASX 200 down 1.86 per cent
• Stocks to watch: Fortescue Metals, Mineral Resources, Charter Hall Retail REIT, A2 Milk
- moomoo News AU
Wall Street Summary
US stocks tanked after Fed Chair Jerome Powell blew away any lingering hopes of a "pivot" in the war on inflation. Powell told a gatheri...