Australia Stock Market Today: ASX 200 Drops 1.3% as $100 Oil Revives RBA Rate-Hike Fears
Australian stocks took a sharp dive Thursday, the S&P/ASX 200 sliding 1.3% to close at 8,629.00. Oil’s sprint past $100 a barrel—fueled by attacks on Middle East tankers—clipped a brief two-day rally and triggered a pullback in both banks and miners. Energy shares bucked the drop, finishing stronger than the rest.
