Australia's stock market has seen a concerning downturn in recent months, with the S&P/ASX 200 index declining by over 7% since the start of the year.

This dip in performance is not isolated to the Australian market, as global markets have also experienced a broader sell-off, with the S&P 500 index in the US down by around 5% over the same period.

Several key factors have contributed to this market volatility.

Firstly, the ongoing concerns surrounding inflation and the aggressive interest rate hikes implemented by central banks around the world to combat rising prices have weighed heavily on investor sentiment. - https://cnbcnetwork.com/blog/australia-stocks-s-p-decline/?unique_id_ituzkqca

Analyzing the Factors Impacting Australian Stock Performance and the S&P Index