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Caution ahead of ECB meet sees ASX slide

Sally Rose
Updated

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A stronger performance by the economy in the first quarter of 2014 was not enough to buoy the sharemarket as stocks sold off, with global investors cautious ahead of expected news of more stimulus from the European Central Bank on Thursday.

The benchmark S&P/ASX 200 Index and the broader All Ordinaries Index lost 0.6 per cent, on Wednesday to 5444.8 and 5426.8 respectively after local shares took a weak lead from Wall Street.

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    Original URL: https://www.afr.com/markets/equity-markets/caution-ahead-of-ecb-meet-sees-asx-slide-20140604-iw4o6