Morning Report 2 Mar 22: ASX set for a lower start as Wall St slump

US sharemarkets slumped across the board on Tuesday. Leading the declines was financials while even energy was slightly lower despite a hike in crude oil prices. The Dow Jones index was down by 598 points or 1.8%. The S&P 500 index fell by 1.6% and the Nasdaq fell by 219 points or 1.6%.

 

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