A quick look at the damage done on the Australian share market today. A global tech rout wreaked havoc on Australian shares on Thursday, triggering the worst sell-off on the local share-market in 16 months, amid fears the US Federal Reserve could begin to raise interest rates more aggressively than previously anticipated.
The S&P/ASX 200 Index tumbled 207.6 points, or 2.7 per cent, to 7358.3, declining for a second straight session, and wiping more than two weeks of gains, with only eight shares ending the day in positive territory.
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