Australian shares set for further slide after Wall St slump on Friday

“The slump has been concurrent with fears of. high-profile internet stocks dominated trading, with Facebook Inc closing down 7.5% after the Wall Street Journal reported that the Federal Trade.

Australian shares are set to open higher, paced by strong gains on Wall Street, with stocks advancing into the close for a change. ASX futures up 46 points at 8.45am AEDT. Spot iron ore drops as.

October 2019: 3 Oct 2019: NZ shares fall on growth fears, trade war expansion: 3 Oct 2019: Simplicity enters mortgage market with 2.95% rate: 3 Oct 2019

Australian shares are set to slide today, while a late rise on Wall Street couldn’t steer the market away from its worst year since 2008. Video Australian Markets

The Australian share market has dived to near two-year lows amid a global stock sell-off, with energy and mining stocks bleeding red and the banks also suffering in early trade. The benchmark S&P.

On the local bourse, consumer stocks were well down, led by an 8.5 per cent slide in Myer after the department store giant flagged a significant deterioration in trading conditions in the December.

After a week fully dominated by trade headlines, the coming week will look to US inflation data and earnings reporting from global financial institutions. There is the anticipation of further pricing.

NEW YORK (Reuters) – Wall Street slumped on Monday and futures pointed to more losses to come after a fall in China’s yuan. Philadelphia semiconductor index .SOX dropped 4.4%. Stocks could slide.

ASX stabilises even as US bond yields slide further to record lows.. though the losses could be checked after Wall Street regained some of its footing after a wave of volatility.. australia shares set for sharp weekly decline as recession fears grow.

Will the local share market be able to build on this on Friday? Here are five things to watch: The Australian share market looks set to. and St Barbara Ltd (ASX: SBM) could end the week in the red.

26 Mar 2018 – Following weak leads from US markets, the Australian share market looks set to open lower. The sell-off on Wall Street continued on Friday amid mounting fears of a trade war between.

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