Business
ASX to edge up, Wall St drops late – The Australian Financial Review
Australian shares are poised to open modestly higher, even after a wave of selling knocked US stocks lower late in their session.
The VIX, or one measure of investor anxiety, leapt 10% to 24.4 near 4pm New York time. While higher, volatility has been trending lower for the most part since its March spike.
As far as I know, the secretary of the Treasury and the (White House) chief of staff have not spoken to the speaker and the Democratic leader today. And so another day has gone by with an impasse and they need to get together, Republican Senator Mitch McConnell told Fox News.
The Senates Democratic leader, Chuck Schumer…
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