ASX to slide, Wall Street drops on Biden tax worries – ABC News

The Australian share market is expected to open lower off the back of Wall Street’s slide amid concerns about higher income taxes for wealthy Americans.
Key points:

• US investors worried about tax hikes send Wall Street lower
• Growth stocks like Tesla and Amazon were down
• Australian shares are poised to follow the decline  

ASX SPI 200 futures were down by 0.1 per cent to 7,018, by 7:05am AEST.
The Australian dollar was lower than recent days at 77.03 US cents. 
In New York, the Dow Jones index dropped…

Click here to view the original article.