05-03-2022 Name : As it happened: ASX slumps after RBA raises interest rates, Woolies sales up 9.7%, miners in retreat - Sydney Morning Herald AU

The ASX 200 dropped 0.4% to close at 7316.2 following a slump triggered by the RBA’s decision to raise interest rates by 25 basis points. Miners like BHP, Fortescue and Rio sunk after iron ore prices slumped. It offset the rebound in tech and health stocks.

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