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ASX expected to fall after US stocks sold off on debt ceiling worries and rising inflation, Facebook tumbles on outage – ABC News

Global share markets are set for a sell-off after US stocks are hit by rising US bond yields and the political battle over the…

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The Australian share market is set to open 1 per cent lower after US stocks tumbled on Wall Street amid continuing worries about rising inflation and a potential US debt default.

  • The Dow Jones index has fallen 0.9pc to 34,003, the S&P 500 has lost 1.3pc to…

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