ASX down 0.5% amid Wall St worries about hawkish Fed - Sydney Morning Herald
4/6/2022 12:00:00 AM3 yearsago
by Jessica Yun, Colin Kruger
by Jessica Yun, Colin Kruger
The ASX 200 has dropped 0.45% to 7456.1 following another rough night on Wall St as notes from the recent US Fed meeting suggested a more aggressive stance on interest rates.
Iron-ore giant Fortescue Metals Group Ltd. sold $1.5 billion in bonds that include a portion earmarked to benefit the environment, the latest effort by its billionaire founder Andrew Forrest to pivot… [+1840 chars]
full article...