Morning Report 10 Mar 23: US sharemarkets tumbled

US sharemarkets tumbled on Thursday as investors worried that the US nonfarm payrolls employment report on Friday could spur aggressive interest rate hikes by the US Federal Reserve. At the close of trade, the Dow Jones index fell by 543.5 points or 1.7%. The S&P 500 index slid 1.9% and the Nasdaq index shed 238 points or 2.1%. 

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