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Market Close 11 Mar 25: ASX escapes a steeper sell-off
Manage episode 470803729 series 3531694
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Despite a rocky start, the Australian market managed to pare back some of its losses, ending with a decline of around 0.75%. US markets also struggled, with fears over Trump’s tariff policies fuelling uncertainty and pushing the S&P 500 down 2.7% and the Nasdaq down 4%. While most sectors suffered, some bright spots included gains in major banks, a slight rebound in mining stocks, and energy companies benefitting from higher coal prices. Looking ahead, US futures hint at a marginal recovery, but uncertainty remains a key theme.
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