Market in the green early on Tuesday after tumbling 5.8% in previous two sessions amid US recession fearsFollow our Australia news live blog for latest updatesGet our morning and afternoon news emails, free app or daily news podcastThe Australian share market is enjoying an early reprieve from the intense selling pressure that has hit global markets gripped by growing recession fears in the US.Australia’s S&P/ASX200 index was hovering around the 7,680 mark in early trade on Tuesday, up about 0.4% on Monday’s closing price. Continue reading…
Source link : https://www.theguardian.com/business/article/2024/aug/06/australian-shares-edge-higher-as-asx-enjoys-reprieve-from-brutal-sell-off
Author : Jonathan Barrett Senior business reporter
Publish date : 2024-08-06 01:57:21
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Australian share market edges higher as ASX enjoys reprieve from brutal sell-off
