‘All sectors were in the red’: ASX 200’s record high ‘didn’t last very long’

The ASX 200's record high on Thursday “didn’t last very long”, says Sky News Business Reporter Edward Boyd. “Market opened lower this morning, really falling from that record high it set yesterday,” Mr Boyd said. “All sectors were in the red, with tech stocks the worst of the bunch. “The selloff was really triggered by Wall Street, which closed lower overnight after the Chairman of the US Federal Reserve Jerome Powell ruled out cutting interest rates in March. “ASX finished the day down 1.2 per cent.”