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Markets Live: Hawkish Fed takes its toll

Patrick Commins and Jens Meyer
Updated

Key Points

  • Gold stocks rack up more losses, putting the All Ords gold index on track for a 10% weekly loss
  • Snap surged 44 per cent in its stock market debut, but some analysts are calling it a 'sell'
  • The Aussie plunges below US76¢ mark amid growing expectations of a US rate rise this month
  • Another Fed governor flags a rates move 'soon', joining this week's chorus of Fed officials
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That's all for the week - thanks for reading this blog and posting your comments.

We'll be back Monday from 9am.

Have a relalxing, and not too rainy, weekend.

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