ASX dives to 11-week low after US rout resumes; Rio Tinto CEO gone

Summary

• The ASX 200 fell by as much as 1.2% to an 11-week low at Friday's open after Wall Street resumed its slide overnight
• The US Senate has killed a Republican bill that would have provided $US300 billion ($413 billion) in new coronavirus stimulus. Democrats are seeking more funding
• Rio Tinto boss Jean-Sébastien Jacques and two senior executives will be replaced after an investor revolt in the wake of the Juukan Gorge furore
• Victoria recorded 43 new cases of coronavirus overnight, an improvement on Thursday's figure of 51. Nine more people have died.