Business
ASX set to open lower as Wall Street falls – The Sydney Morning Herald
Stocks closed broadly lower on Wall Street, led by weakness in technology companies.
Stocks closed broadly lower on Wall Street, led by weakness in technology companies. The S&P 500 fell 0.8 per cent on Wednesday (US time), easing the benchmark index below the record high it set a day earlier.
The Dow Jones Industrial Average dropped 0.4 per cent and the tech-heavy Nasdaq composite closed 1.9 per cent lower. Futures at 7.59am AEDT are pointing to a fall of 25 points, or 0.4 per cent, at the open for the ASX.
Wall Street has slid lower on Wednesday. Credit:AP
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