Business
ASX set to edge lower as Wall Street extends losing run – Sydney Morning Herald
The ASX is set for a negative start to the session on the back of the S&P 500 recording its second-straight weekly decline.
Wall Street racked up more losses on Friday (US time) on a choppy day of trading that left the major indexes mixed and the S&P 500 with its second-straight weekly decline.
The S&P 500 ended 0.1 per cent lower after having been up 0.7 per cent in the early going. The benchmark index, which hit an all-time high two weeks ago, lost 0.4 per cent on the week. That follows a 1.4 per cent loss the previous week.
Wall Streets benchmark S&P 500 recorded its second-straight week of declines.Credit:NYSE
The…
-
Noosa News21 hours agoFarmers call for policy reform across multiple sectors as productivity collapses
-
General22 hours agoStar Wars’ fascist dystopia has never felt closer than in new season of Andor
-
Noosa News22 hours agoQueensland Premier David Crisafulli keeps clear of Coalition chaos in Canberra
-
Noosa News18 hours agoTrump’s trade war puts Australian beef centre stage in Shanghai