Business
Australian shares are in the red after big banks and US election weigh on ASX 200 – ABC News
The Australian share market comes off its early gains, pulled down by big banks ahead of this week’s US presidential election and an expected interest rate cut…
The Australian share market has lost its early gains and slipped in early trade amid worries about this week’s US presidential election and a big fall in Westpac’s annual profit.
At 10:50am AEDT, the ASX 200 index was down 0.12 per cent or 7 points to 5,921.
Miners and healthcare stocks gained. Financial stocks were mixed.
Oil stocks, consumer staples and technology firms were lower.
The All Ordinaries index fell nearly 0.2 per cent to 6,122.
The Australian market fell nearly 4 per cent last…
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