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Australian share market slips after Wall St falls for third straight week – ABC News

The Australian share market has opened slightly in the red, after falls on Wall Street on Friday. CBA economists upgrade their forecast for economic growth.

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The Australian share market has opened slightly in the red, after falls on Wall Street on Friday cemented the third straight weekly decline for US markets.
Key points:

  • Real estate and mining stocks were dragging on the ASX in early trade
  • CBA economists have upgraded their economic growth forecasts due to better-than-expected household spending
  • US markets posted their third consecutive weekly decline

By 10:40am AEST, the ASX 200 index had lost 0.1 per cent or …

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