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Moomoo 24/7 ·  Mar 11 00:18

$S&P/ASX 200 (.XJO.AU)$ dropped 1.34% to 7,855.900 points, hitting a seven-month low. The banking sector declined, with $CommBank (CBA.AU)$ down 1.49% and $Macquarie Group Ltd (MQG.AU)$ down 3.55%. This followed a sell-off in US tech stocks, which dragged down the ASX tech sector. $WiseTech Global Ltd (WTC.AU)$ fell 4.4%, while $Xero Ltd (XRO.AU)$ declined 5.28%.

You can consider inverse ETFs such as $Betashares Australian Eqs Bear Cmpx ETF (BBOZ.AU)$, $BetaShares US Eqs Strong Bear H CcyH ETF (BBUS.AU)$, $Global X Ultra Short Nasdaq 10 (SNAS.AU)$, $BetaShares Aus Equities Bear Hedge ETF (BEAR.AU)$, and $Betashares Strong US Dollar Complex ETF (YANK.AU)$.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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