ASX 200: ASX dives; CBA share slump; Sohn stock picks; Julia Gillard admits DEI mistakes

ASX dives on US tumble and not a single Aussie stock picked at Sohn Hearts & Minds investment conference; Former PM Julia Gillard admits DEI mistakes and White House insider Anthony Scaramucci says JD Vance will never get crown. 

Former Australian Prime Minister Julia Gillard has made a frank admission at the Sohn conference. Picture: Sophie Elsworth

That's all from he Trading Day blog for Friday, November 14. The ASX 200 index closed down 1.4 per cent at 8634.5 after hitting a 4 month low, wiping out about $36bn after a US tumble. Tech, mining and financial stocks lead falls.

On Wall Street, the tech-heavy Nasdaq composite shed 2.1 per cent, the S&P 500 index was off 1.7 per cent and the Dow Jones closed 1.7 per cent or nearly 800 points lower.

Cryptocurrency giant bitcoin has dived below $US100,000.

The Aussie dollar is trading higher around US65.49c.