As it happened: Closes ASX 1.8% lower as US inflation numbers smash tech stocks - Sydney Morning Herald


5/12/2022 12:00:00 AM2 years 11 months ago
by Jessica Yun, Colin Kruger

The ASX 200’s retreat gathered another head of steam this afternoon as tech stocks got smashed. The market closed 1.75 per cent lower, down 123.7 points to 6,941. The latest US inflation numbers spooked the markets and shredded tech stocks both in the US and …

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