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The market crashed due to new U.S. tariffs announced by President Trump, triggering fears of a global trade war. Countries like China retaliated, worsening tensions. Investors panicked, fearing an economic slowdown, which led to sharp declines in major indices and erased billions in market value.
Shares of ASX-listed Sonic Healthcare Limited (AU:SHL) gained 7% as of writing after the company shared an upbeat outlook for its revenue growth in an investor update at its 2024 annual general meeting (AGM).
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