Red in the streets on the ASX 200 today, market down 110 points to 7195 (-1.5%), posting its biggest drop in about six weeks.

US equity markets fell sharply overnight after stronger-than-expected retail sales data showed continued consumer resilience which stoked concerns that interest rates could stay higher.

ASX 200 rallied 28 points to 7305 (+0.4%) as results dominated today. Big names hitting the boards, CSL, COH, and NAB trading update.

US markets experienced a general decline last week as they absorbed fresh inflation data and evaluated the future trajectory of the Fed’s interest rates.

Members Podcast – Monday