Tuesday's bounce proved to be fleeting with the ASX falling heavily in line with movements in regional markets and profit taking in cyclical sectors such as materials, energy and financials..‪.‬ The COB from ausbiz

Tuesday's bounce proved to be fleeting with the ASX falling heavily in line with movements in regional markets and profit taking in cyclical sectors such as materials, energy and financials - all of which rallied hard in recent days. The ASX 200 index finished down 90% - it's lowest level since early February. The tech sector dipped 2.7%, dragged down by the buy-now-pay-later names, who face a code of practice from next Monday...
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