As it happened: ASX droops 0.8% as tech, gold miners suffer

Summary

• The ASX 200 fell by as much as 1.7% on Thursday following a renewed selloff on Wall Street overnight. The market improved but still finished 0.8% lower at 5875.9. 
• Westpac has announced it will pay a $1.3 billion fine, the largest in Australian corporate history, for breaching anti-money laundering laws. Shares fell by as much as 2.3% before bouncing back 
• The Aussie dollar continued its slide overnight and at 4m AEST was at a near two-month low of US70.43c
• Asian markets are also subdued on Thursday, with the ASX surprisingly outperforming several regional indices. US futures were down 0.1% at 4pm AEST