Ugly day for stocks as ASX 200 plunges 3.7 per cent; Nikkei 225 crashes 14 per cent
Bloodbath across the board as the local sharemarket plunges with the ASX 200 down 3.7 per cent to a two-month low of 7649.6 in its worst day since May 2020. Global investors dump shares after US falls. Tokyo plunges 14 per cent in its worst day since the 1987 crash. Woodside buying OCI Clean Ammonia for $US2.35bn.
That's all from the Trading Day blog for Monday, August 5th. The ASX 200 ends down 3.7 per cent at a two-month low of 7649.6 points in its worst day since May 2020 as weak US jobs data spark US recession fears. Woodside in US ammonia buy.
The Aussie dollar is trading around US64.09c
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Originally published as Ugly day for stocks as ASX 200 plunges 3.7 per cent; Nikkei 225 crashes 14 per cent
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