ASX Today, Nov 14: Market Sheds $37 Billion Amid US Rate-Cut Shock
The S&P/ASX 200, Australia’s benchmark equity index, slid sharply on 14 November as global investor sentiment turned cautious. A surprise shift in expectations around U.S. interest-rate cuts triggered a wave of selling. With key sectors like tech and banking pulling the market down, the drop reflects broader worries in the global stock market and may force investors to re-evaluate portfolio exposures.
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