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ASX and Wall Street slip ahead of Donald Trump, Joe Biden presidential debate – ABC News

Australian shares drop as nervous global investors take money off the table hours before the first US presidential debate.

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Australian shares have fallen sharply as nervous global investors took money off the table hours before the first US presidential debate.
Key points:

  • The ASX 200 has fallen 1.8pc since the month began
  • The market’s worst-case scenario is a disputed US election result
  • A weaker greenback boosted the Australian dollar and gold prices

By 10:15am AEST, the benchmark ASX 200 index was down 73 points (or 1.2 per cent) to 5,880.
Every sector was in the red, while Bre…

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