ASX to drop, mixed day on Wall Street – ABC News

Australian shares are set for a softer day, after a late rally but mixed results on Wall Street.
Key points:

• Local shares are expected to open slightly lower
• In the US, the benchmark S&P 500 touched a new high of 4,546.
• Iron ore lost $US6.95 or 5.6 per cent…

Click here to view the original article.