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ASX set to end week down; Wall St and oil prices stumble; Volkswagen soars – ABC News
Wall Street ends sharply lower on Thursday, hit by rising interest rates on US government bonds and fresh worries about the coronavirus pandemic in Europe.
The Australian share market is set to end the week lower, as international concerns about a resurgence of COVID have become a dampener on global markets.
Market snapshot at 7:30am AEDT:
- ASX 200 futures -0.6 per cent; ASX 200 closed -1pc at 6,746
- AUD: 77.62 US cents, 55.71 British pence, 65.13 Euro cents, 84.53 Japanese yen, $NZ1.08
- US: Dow Jones -0.5pc at 32,862, S&P 500 -1.5pc at 3,915, Nasdaq -3pc at 13,116
- Europe: FTSE 100 +0.3pc at 6,780, DAX +1.2pc at 14,776, Euro Stoxx 50 +0.6pc at 3,872
- Commodities:…
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