
The local bourse has sunk to a two-week low as investors react to a sell-off in US technology stocks following disappointing earnings, with all three main Wall Street indexes finishing lower.
The S&P/ASX 200 index had slid 102.5 points, or 1.3 per cent, to 7,861.2 by Thursday's close, with the broader All Ordinaries falling 111.2 points, or 1.4 per cent, to 8,094.3.