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Top stories to know before the ASX opening bell | Austria announces Lockdown | Growth Stocks Rally

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Growth stocks rallied and cyclical stocks sold off after Austria announced a full lockdown and Germany tightened Covid-19 restrictions. The market underwent a sharp rotation as traders adjusted for the possibility of a global economic slowdown if other European countries follow suit to contain a fourth wave sweeping the continent. The Nasdaq Composite closed at an all-time high. The Dow finished lower for the fourth time in five sessions.

#lockdowninaustria #asxgrowthstocks #australiasharemarket #EuropeanSTOXX600index #kalkinemedia

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