Miners sold as part of broader ASX stock sell-down after Wall St plunge

METALS & Mining has lost about 2% on the ASX 200 as widespread selling across the benchmark index showed yesterday’s gain on the back of positive sentiment around interest rates was in fact a ‘sucker’s rally’.

Miners sold as part of broader ASX stock sell-down after Wall St plunge Miners sold as part of broader ASX stock sell-down after Wall St plunge Miners sold as part of broader ASX stock sell-down after Wall St plunge Miners sold as part of broader ASX stock sell-down after Wall St plunge Miners sold as part of broader ASX stock sell-down after Wall St plunge

The selling on the ASX followed the US markets plunging overnight, with investors now adopting the view the battle against inflation will be onerous.

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