CAPITAL MARKETS

Stocks dive after Fed decision

STOCKS in the Asia-Pacific region slumped today following the US Federal Reserve’s decision to lift interest rates.

 Image: iStock/SARINYAPINNGAM

Image: iStock/SARINYAPINNGAM

Japanese stocks were down 3.2%, while the ASX 200 lost 1.3%. "One day's trade doesn't make a trend, but we are seeing is looking more like a bear market," IG market analyst Kyle Rodda said. Materials...

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