Business
ASX to edge up, $A drops as greenback rallies – The Australian Financial Review
Australian shares are set to edge higher at the open, though gains could be further checked amid a retreat on Wall Street. Copper, gold and oil lower.
On Wall Street, shares were mostly lower with the Nasdaq down 1 per cent, the S&P 500 down 0.4 per cent and the Dow 0.1 per cent lower. Six of the S&P 500s 11 industry sectors closed down, paced by a 1.2 per cent slide in consumer discretionary.
AMC Entertainment was down 20 per cent, after swinging in a wide range as the company sold more shares to bolster its finances.
Tesla fell 5.3 per cent amid speculation that sales in China have dropped sharply.
Techs were lower on news that President Joe…
-
Noosa News19 hours agoWoman dead and man rushed to hospital with gunshot wound following crash near Aussie World on Queensland’s Sunshine Coast
-
Noosa News20 hours agoBrisbane-bound traffic diverted after pile-ups along Bruce Highway
-
Noosa News19 hours agoMan arrested after police chase: Driver shot, woman dies in crash
-
General17 hours agoSummah Richards, 12, mourned after fatal e-scooter in Laidley, Queensland