ASX 200 slumps on oil shock, banks and tech drop
ASX 200 drops 1.4% as Middle East tensions weigh Australian stocks fell sharply Thursday, with the S&P/ASX 200 dropping about 1.4% to end the session at 8,592.90. Renewed fighting near the Strait of Hormuz hit banks, miners and tech names. The ASX 200 tracks large Australian companies.
