Australian shares are set to plunge anew amid another violent sell-off in global equities even with the US central bank stepping up with a massive liquidity boost.
Trading was halted for 15 minutes shortly after the open in New York after the S&P 500 fell 7%; the second time this circuit breaker was triggered this week. The pause failed to keep the index from closing in a bear market.
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Timothy Moore writes on equities, commodities and monetary policy. He writes Before the Bell and contributes to the Markets Live blog. Connect with Timothy on Twitter. Email Timothy at timothy.moore@afr.com
