ASX Falls Sharply on Iran Fears as Banks, Tech Sectors Slide and Oil Spikes
Australia’s stock market took a hit on Monday as the ASX falls sharply, halted only by gains in energy, following alarming U.S. airstrikes on Iran’s nuclear facilities. Let’s unpack what happened and why it matters to investors. A Market on Edge: Why Is the ASX Dropping? Heightened fears of Iranian retaliation have shaken investor confidence….