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NEWS: Generic of the board at the Australian Stock Exchange (ASX) in Sydney. Stocks in the red.

ASX suffers $50bn wipeout on worst day in months

The ASX 200 suffered its worst day in three months, as investors dumped tech, bank and mining stocks. The Australian dollar also hit a two-year low after big falls on Wall Street following the Federal Reserve’s weak rates outlook.

Original URL: https://www.dailytelegraph.com.au/business/companies/page/4