Business
ASX set to edge lower as Wall Street extends losing run – Sydney Morning Herald
The ASX is set for a negative start to the session on the back of the S&P 500 recording its second-straight weekly decline.
Wall Street racked up more losses on Friday (US time) on a choppy day of trading that left the major indexes mixed and the S&P 500 with its second-straight weekly decline.
The S&P 500 ended 0.1 per cent lower after having been up 0.7 per cent in the early going. The benchmark index, which hit an all-time high two weeks ago, lost 0.4 per cent on the week. That follows a 1.4 per cent loss the previous week.
Wall Streets benchmark S&P 500 recorded its second-straight week of declines.Credit:NYSE
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