Diverging markets: why US and Australian shares are going in opposite directions
SBS News In DepthPlay episode
Show notes
Australian shares extended their losing streak, with the ASX200 down 0.6% to a three-week low and ten of eleven sectors finishing in the red, even as US markets hit fresh records. Utilities led the decline, with Origin Energy tumbling, while a lift in oil prices and a rebound in lithium miners offered some support. For a closer look at the day’s moves and what’s driving the divergence with Wall Street, Ricardo Gonçalves speaks with MPC Markets CEO Mark Gardner.
