Australian shares have edged slightly lower as investors fled from US equities to the safe haven of gold following President Donald Trump’s comments threatening to sack “loser” central bank boss Jerome Powell. After falling almost one per cent in early trading, goldminers led a recovery in the S&P/ASX200 to be down 8.5 points, or 0.11 […]
The big banks, the market darlings throughout 2024, were sold off today. CBA shed 2.1%, NAB fell 1.9%, ANZ gave up 1.3%, and Westpac closed down 2.24%.