HomeFinanceVolatility reigns as Australian market defies Wall Street crash | ABC News

Volatility reigns as Australian market defies Wall Street crash | ABC News


It was absolute mayhem on the New York Stock Exchange last night with all the indexes down 12 per cent or more – the biggest one day fall since October 1987. Boeing fell 24 per cent, and none of the stocks in the Dow Jones went up. The Australian market closed 5.4 per cent higher, recovering about half of yesterday’s fall.

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