Australian share markets drop 21 billion amid US, North Korea tensions

IMG_0502.JPGThe Australian share markets drop 21 billion amid US, North Korea tensions Australian share market remains deep in negative territory as investors continue to flee to safe havens amid worries about tension between the United States and North Korea. The benchmark S & P/ASX200 was trading 1.1 per cent lower at 5,696.8 points at 1200 AEST on Friday — cutting around $21 billion from the value of the market, which was at a three-week low. The rout in local shares follows falls in international equities markets overnight after US president Donald Trump refused to step back from his threat to hit North Korea “with fire and fury” or rule out a pre-emptive strike if it continued to threaten the US……Read More