Australia Stock Market Today: ASX 200 Hits Two-Week Low as Banks, Miners Slide; Santos Jumps. (Indo Premier)
The S&P/ASX 200 fell 0.6% to 8,793.40, its lowest close since April 7, as financials and miners declined and energy stocks rose. Traders now see a 75% chance of a 25 basis-point RBA rate hike in early May. Brent crude climbed above $103 a barrel, fueling inflation concerns. Healthcare hit an eight-year low, with CSL near its weakest since 2017.