Market Panic Strikes! Stocks Plummet to New Lows
The Australian stock market faced a significant downturn, closing out the week at its lowest point in three months. The benchmark ASX index fell by 1.2 percent, settling at 8067.70, a drop not seen since September. Over the week, the index faced an overall decline of 2.8 percent, postponing hopes for a traditional year-end rally….