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ASX set to slip despite another record day on Wall Street – Sydney Morning Herald

The S&P 500 and the Nasdaq hit all-time closing highs, but a drop in Apple stock capped gains from positive developments in US-China trade and fresh progress in the hunt for a COVID-19 vaccine.

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The S&P 500 and the Nasdaq hit all-time closing highs on Tuesday (US time), but a drop in Apple stock capped gains from positive developments in US-China trade and fresh progress in the medical battle against the coronavirus pandemic.
The Dow, which has yet to reclaim its February high, ended the session lower. It fell 0.2 per cent, the S&P 500 gained 0.4 per cent, and the Nasdaq Composite added 0.8 per cent. At 6.16am AEST, futures are pointing to a drop of 35 points, or 0.6 per cent, …

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