Business
ASX set to slide as Wall Street’s winning streak ends – Sydney Morning Herald
Wall Street closes mostly lower, shedding some of its recent gains after coming within striking distance of matching the longest winning streak of the year.
Wall Street indexes are closing mostly lower on Tuesday (US time), shedding some of their recent gains after coming within striking distance of matching Wall Streets longest winning streak of the year.
Investors continue to closely watch the bond market, with even minute changes in bond yields causing stocks to fluctuate. They are also working through economic data that showed Americans cut back on spending last month.
The S&P 500s winning streak ended on Tuesday in New York. Credit:NYSE
The S&P…
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