US sharemarkets fell on Wednesday. Investors are worried about the outlook for the economy. Financials fell 6.0%. Energy stocks fell by 4.6% and airlines and cruise operators continued to fall sharply.
Evening Report: ASX 200 Weighed By Lenders As Investors Fret About Dividends
The financials sector was the major drag as the banks fell sharply. This follows concerns that our central bank, the RBA, may look to follow the Bank of England and Reserve Bank of New Zealand in freezing bank dividend payments temporarily,
- Published on April 2, 2020
- By Tom Piotrowski
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