Market Close 22 June 23: Biggest fall this month

Craig and Laura are back with the Thursday market closing update. The market closed significantly lower today along with all of the 11 sectors. If the market fell 0.02% more it would have ended with the worst day in three months. Investors are disappointed that stimulus measures haven’t yet been announced in China. At the same time the US Federal Reserve chair, Jerome Powell, warned that another two rate hikes could be applied in coming months. The Aussie dollar weakened to US67.6 cents.

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