Wall Street dives on recession fears

THE ASX is set to plummet this morning after another poor session offshore.

Wall Street dives on recession fears Wall Street dives on recession fears Wall Street dives on recession fears Wall Street dives on recession fears Wall Street dives on recession fears

Following Wednesday's interest rate rise and market gains on Wall Street, the S&P 500 slumped 3.3%.

The tech-heavy NASDAQ lost 4.1%.

ASX futures were down 135 points this morning.

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