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SYDNEY, AUSTRALIA: NewsWire Photos: MARCH 18 2024:  A general view of the digital boards at the ASX in Sydney. Picture: NCA NewsWire/ Gaye Gerard
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High markets ‘disconnected’ as geopolitics hit home

Stock markets are ‘disconnected’ as they remain at near record highs despite surging bond yields and the outlook for interest rates and geopolitics is starting to hit market sentiment, a top strategist warns as the Australian market has its worst two-day fall in six months.

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The indicator board at the Australian Stock Exchange (ASX) in Sydney, Tuesday, October 2, 2018. (AAP Image/Mick Tsikas) NO ARCHIVING

ASX in red; Santos slams Barossa ruling

The ASX 200 closed 1.6 per cent lower at a two-month low amid jitters about the fallout of the next US rate hike. Imugene, Sayona Mining and Champion Iron lead the losses. Still, Soul Patts and Viva Energy found strong support. 

Original URL: https://www.couriermail.com.au/business/markets/page/198