Business
ASX set for weak open as Wall Street takes a breather – Sydney Morning Herald
The Australian market is tipped to open weaker after US markets came off their latest record highs, as cautious investors take money off the table.
The US House of Representatives voted on Monday to meet President Donald Trump’s demand for $2,000 direct payments to Americans as part of the recently signed fiscal relief bill, sending the measure to the Republican-controlled Senate.
Senate Majority Leader Mitch McConnell blocked an effort to approve the direct payments by unanimous consent, but said the chamber would address the increased stimulus checks this week.
All three major US stock indexes oscillated amid light trading volume, but were…
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