Billions wiped off ASX after Wall Street carnage - Sydney Morning Herald


5/18/2022 12:00:00 AM2 years 11 months ago
by Colin Kruger

The Australian sharemarket has retreated from early losses but was still down 1.6 per cent after it shed as much as $45 billion of value this morning after a horror Wall Street session.

Woolworths -6.53%Pendal -6.91%Wesfarmers -6.91%Novonix -6.36%JB Hi Fi -6.22% The rout on Thursday follows four consecutive days of gains on the S&P/ASX 200 as investors grew more comfortable abo… [+2715 chars]

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