Business
ASX slips 0.4 per cent; Afterpay, Xero lead tech sector higher – The Sydney Morning Herald
The ASX 200 slipped 0.4% at the open, ignoring a strong Wall Street lead. Tech shares were higher, led by Afterpay and Xero.
Technology companies led stocks to more gains on Wall Street Thursday, nudging the S&P 500 to an all-time high for the third time this week.
The benchmark index rose 0.4 per cent and is on track for its third straight weekly gain. Stocks within the S&P 500 were about evenly split between gainers and losers, with technology companies driving much of the rally. Those gains were tempered mainly by a slide in energy stocks and real estate companies.
Wall Street had a strong trading session overnight.Credit:NYSE
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