Market Close 22 July 24: Markets slide for a third day

Join Steve and Laura as they discuss the ASX extending its losing streak for a third consecutive session, currently down 0.6% and dipping below the 8,000 point mark. Contributing factors to the downturn include US-China trade tensions, a global tech outage, and Joe Biden's decision to quit the presidential race. South32's shares plummeted to a three-month low while Iris saw a surge after announcing a significant increase in earnings. Looking ahead, key updates include quarterly results from major companies and the US profit reporting season. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.

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