Business news updates: Australian shares follow global stock plunge on Trump's tariffs, AustralianSuper hit by cyberattack
Source: Australian Broadcasting Corporation
Fears of a recession in the US and big losses on Wall Street have flowed through to the ASX 200, which fell as much as 2 per cent in early trade. Follow the day's events and insights as they happen with our business reporters on the ABC News live markets blog.
The benchmark Australian stock market index, the S & P/ASX 200 has entered a technical correction.
A technical correction is generally accepted as being a 10 per cent or greater fall in the index from its recent peak (closing high).
The ASX 200 reach… [2072 chars]