Business
ASX to fall as selling returns to Wall St – The Australian Financial Review
Australian shares are poised to open lower, as the selloff of US tech shares took Wall Street lower. $A slips.
The early advance faded, in part, as the fate of the Republican stimulus package was confirmed; the Senate vote on the bill fell well short of the 60 votes needed to continue debate on the measure.
Republicans had proposed $US300 billion in spending measures; the Democrats previously proposed a $US3 trillion package.
The outcome of the vote was not unexpected. It however came hours after the US government said the number of Americans filing new claims for unemployment benefits continue to hove…
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