Business
Australian shares to slip, Wall Street pulls back slightly from ‘irrational exuberance’ – ABC News
Australian shares are expected to fall in early trade after investors sold off major tech stocks and Wall Street dropped further from its record highs overnight….
Australian shares are expected to open lower as global markets drop further from their record highs overnight.
ASX futures were down 32 points (-0.5pc) to 6,805 by 8:25am AEDT.
The Australian dollar rose (+0.3pc) to 77.7 US cents as the greenback was weighed down by disappointing job figures which pointed to a fragile economic recovery from the pandemic.
Download the ABC News app for all the latest.
The US Labor Department’s latest report showed that initial claims for unemployment benefits rose…
-
General18 hours agoFootballers and movie stars: PM’s Shanghai tourism push
-
Business17 hours agoThis artificial intelligence (AI) and “Magnificent Seven” stock will be the next company to surpass a $3 trillion market cap by the end of 2025
-
General15 hours ago‘Hidden and radical’ power of First Nations women unlocked in big hART’s Punkaliyarra project
-
General18 hours agoWest Indies-Australia live: Third day-night Test in Jamaica