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Australian shares to slip; Wall Street tech stocks rebound as European COVID cases rise – ABC News

Australian shares are expected to fall in early trade, despite Wall Street’s technology stocks rebounding from a recent pullback, while European markets remain…

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Australian shares are expected to fall in early trade, despite Wall Street’s technology stocks rebounding from a recent pullback that was sparked by a surge in bond yields.
ASX futures were down 20 points (-0.3pc) by 9:25am AEDT.
The Australian dollar was steady at 77.45 US cents.
Exactly one year ago, the Australian market had reached the lowest point of its coronavirus panic sell-off (at 4,546 points). By then, the ASX 200 had plunged 37 per cent from its record high (which it reached a month…

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