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ASX closes slightly lower after Wall Street fell following Senate blocking larger stimulus package – ABC News

Afterpay’s growth stalls and crude oil gains ground as investors look to Washington for signs that an enhanced stimulus package will pass a Senate vote.

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Australia’s stock market has closed lower a day after investors looked to Washington for signs that an enhanced stimulus package would pass a Senate vote.
Key points:

  • The Australian dollar was up to 76.11 US cents
  • Afterpay closed lower after months of record-breaking gains
  • Crude prices have risen on the hopes of a demand rebound

The All Ordinaries and the ASX200 both dropped 0.3 per cent by the close to 6,942 points and 6,682 points, respectively.
The big four banks followed suit with ANZ down 0.4…

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