The Aussie share market tumbled today, dragged lower by global uncertainty and Middle East tensions, with the ASX 200 falling to its lowest level in months. Energy was the sole bright spot, surging as oil prices jumped to near 12-year highs. Investors also digested a stronger-than-expected jobs report, which raised the likelihood of further rate hikes from the RBA. With central bank meetings continuing worldwide, volatility remains elevated.
Steve Daghlian and Laura Besarati are Market Analysts at CommSec. Each episode, they break down the day's market movements and explain what the numbers really mean.
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