ASX to sink as Dow Jones falls 509 points
Australian shares are headed for a sharp fall, as global markets sank to their lowest levels in seven weeks on fears of a slowerThe Australian dollar had dropped to 72.24 US cents.
The death of US Supreme Court Justice Ruth Bader Ginsburg could make the passage of another stimulus package in Congress less likely before the November 3 presidential election. "There is also just general election-related jitters ... and possibly that we have a contested or delayed outcome."Markets in Europe were hit even harder on fears of renewed lockdown measures in Europe and Britain.
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