The ASX200 fell 1% on Monday as investors worried about the US Fed raising interest rates, and falling corporate profits and economic growth at home

The Australian share market capped its worst week since the global financial crisis by closing 1% lower as investors fretted over the possibility that the US Federal Reserve could soon raise interest rates.

The ASX200 closed at 5,207 points on Monday, which represented a drop of 8.83% in August, its worst monthly performance since October 2008 at the height of the Lehman Brothers crisis.

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Source: The Guardian Circular Economy RSS