Australian market stabilises despite global markets diving ABC News

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Australian stocks have stabilised despite yesterday's sell-off and ructions through global markets. • Subscribe: http://ab.co/1svxLVE • Read more here: https://www.abc.net.au/news/2024-08-0... • Mark Cudmore from Bloomberg says the scale of the moves in overseas markets means many banks will continue to sell stocks to minimise risk. • ABC News provides around the clock coverage of news events as they break in Australia and abroad. It's news when you want it, from Australia's most trusted news organisation. • For more from ABC News, click here: https://ab.co/2kxYCZY • Watch more ABC News content ad-free on ABC iview: https://ab.co/2OB7Mk1 • Go deeper on our ABC News In-depth channel: https://ab.co/2lNeBn2 • Like ABC News on Facebook: / abcnews.au • Follow ABC News on Instagram: / abcnews_au • Follow ABC News on X (Twitter): / abcnews • Note: In most cases, our captions are auto-generated. • #ABCNews #ABCNewsAustralia

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