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ASX falls 2.6% after Wall Street sell-off
The ASX 200 has fallen by 2.66% following a Wall Street sell-off overnight. The All Ordinaries Index is also down by 2.65% this morning.
The drop comes as new US inflation figures showed prices remained stubbornly high in August even as the overall pace of inflation slowed for the second consecutive month.
The news sent US stock markets into a tailspin, with the Dow Jones index losing nearly 1,300 points, closing nearly 4% lower, at 31,104.97.
The S&P…
