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Dow drops 900 points amid recession fears

Dow drops 890 points, Nasdaq faces worst decline since 2022 amid rising recession fears from tariff policy uncertainty.

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Dow drops 890 points, Nasdaq faces worst decline since 2022 amid rising recession fears from tariff policy uncertainty.

In Short

On Monday, major US stock indices fell sharply, with the Dow dropping over 890 points, raising recession fears amid tariff policy uncertainty. The tech-heavy Nasdaq experienced its worst day since September 2022, emphasising ongoing market volatility and investor caution.

A significant market downturn unfolded on Monday, heightening recession fears among investors.

This comes amid concerns regarding tariff policy uncertainty, which some believe may lead the economy towards recession.

The Dow Jones Industrial Average fell by 890.01 points, or 2.08%, closing at 41,911.71.

The S&P 500 also experienced a decline of 2.7%, reaching its lowest level since September, with a final closing at 5,614.58.

However, the most considerable losses were seen in the tech-heavy Nasdaq Composite, which dropped 4%, marking its worst day since September 2022 and finishing at 17,468.32.

Since its peak on February 19, the S&P 500 has decreased by 8.7%, while the Nasdaq Composite has fallen nearly 14% from its recent high.

A decline of 10% is classified as a correction on Wall Street.

The day’s losses escalated as trading progressed, although major averages recovered slightly before the market closed.

Investors remain cautious as they navigate the current economic landscape and potential implications of ongoing tariff discussions.

This sell-off underscores the volatility in the market, reflecting broader concerns about the economic outlook.

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Australian Dollar surges: What $0.70 means for markets

Australian dollar surges 5% to $0.70, impacting importers, exporters, and big miners amid rising interest rates.

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Australian dollar surges 5% to $0.70, impacting importers, exporters, and big miners amid rising interest rates.


The Australian dollar has jumped more than 5 percent against the U.S. dollar this year, now trading around $0.70. This rapid rise has sparked mixed reactions for importers and exporters as Australia’s materials sector shows signs of bouncing back, despite concerns over rising interest rates.

Dale Gilham from Wealth Within breaks down the factors behind the AUD surge, the implications for commodities, and what it means for big miners like BHP. From profits to strategy, we explore how the market is reacting to this currency shift.

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S&P 500 rises as financial stocks lead and tech slips

S&P 500 rises 0.4% thanks to financial stocks; software struggles amidst AI concerns. Subscribe for updates!

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S&P 500 rises 0.4% thanks to financial stocks; software struggles amidst AI concerns. Subscribe for updates!


The S&P 500 climbed 0.4% on Tuesday, boosted by strong gains in financial stocks. Citigroup and JPMorgan led the rally, showing investors are rotating money into the sector as tech stocks faltered.

Meanwhile, software shares struggled, with ServiceNow, Autodesk, and Palo Alto Networks all seeing notable declines. Concerns around AI disruption continue to affect the software and financial sectors alike.

Market watchers are now turning their attention to upcoming inflation reports later this week, looking for signals that could shape the next moves in the market.

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Australia’s GST debate heats up amid tax reform push

Australia debates GST expansion amid aging population pressures and personal income tax concerns; expert insights from Dr. Steven Enticott.

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Australia debates GST expansion amid aging population pressures and personal income tax concerns; expert insights from Dr. Steven Enticott.


Australia is facing a fierce debate over tax reform, with fresh calls to broaden the Goods and Services Tax as the government searches for more stable revenue streams. With an ageing population putting pressure on health, pensions and long-term spending, economists argue the current reliance on personal income tax may not be sustainable.

Dr Steven Enticott from CIA Tax joins Ticker to break down the real impact of expanding the GST, including how it could affect lower-income households, whether taxing unrealised gains would change investor behaviour, and what compensation mechanisms could soften the blow on essential goods. The political risks are high, but so are the fiscal stakes.

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