ASX drops 1.2pc with tech stocks smashed - The Australian Financial Review

Australian shares fell across the board on Monday, tracking a sell-off on Wall Street with investors bracing for what would be the RBA’s first cash rate increase in more than a decade.

All 11 sectors on the S&P/ASX 200 fell. Tech stocks were the hardest-hit with a 4 per cent drop as expectations of aggressive monetary tightening by central banks rattled investors. Also undermin… [+2867 chars]

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