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Market highlights and 5 ASX small caps to watch on Wednesday – Stockhead
Wall Street slides, as IMF raises global growth forecast All major US indices slid on Tuesday, but stayed near record highs gained the previous day. Dow Jones closed…
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Wall Street slides, as IMF raises global growth forecast
All major US indices slid on Tuesday, but stayed near record highs gained the previous day.
Dow Jones closed 0.29% lower, S&P500 dropped 0.1%, while tech heavy NASDAQ slid 0.05%.
The falls came despite the International Monetary Fund (IMF) upgrading global growth outlook to 6%, from 5.5% less than three months ago.
The IMF also expected the Australian economy to grow by 4.5% this year, after contracting by 2.4% for…
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