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Dow plunges, Europe stocks fall: ASX set to open lower

15 Aug 2019 – Following a shocking plunge in US markets yesterday, the ASX looks set to open lower. The Dow Jones Industrial Average had its worst performance of 2019. Bank stocks led the declines with the financials sector down more than 10 per cent from a recent high. Elders (ASX:ELD) has refinanced its debt facilities for working capital facilities for Australian Independent Rural Retailers.

Source: Finance News Network

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