Business
Australian sharemarket eases as investors stay ‘cautious’ after strong recovery – NEWS.com.au
Australian sharemarket eases as investors stay ‘cautious’ after strong recovery
The Australian sharemarket pulled back on Wednesday after a shaky session on Wall Street, with local investors remaining cautious ahead of key economic news out of the US.The S&P/ASX200 closed 0.47 per cent lower at 6795.2 while the All Ordinaries Index eased 0.44 per cent to 7048.
OpenMarkets Group chief executive Ivan Tchourilov said US markets were mixed overnight and all eyes were on the Federal Open Market Committee meeting, with economic projections and a press conference due out Thursday…
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