ASX set to slide as caution takes over on Wall Street – Sydney Morning Herald

Caution continues to hang over markets. Coronavirus counts keep climbing at a troubling rate across much of the United States and Europe. The worry is that could lead to the return of lockdowns in hopes of slowing the pandemics spread, which could further choke off the improvements the economy showed during the summer.
The US economy’s momentum has already slowed following the expiration of supplemental benefits for laid-off workers and other support that Congress approved for the economy earlier…

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