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

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After. is set to open lower on the back of Wall Street’s slump. US President Donald Trump’s threat to hits China with $US100 billion of tariffs led to a steep selloff in US equity markets at the.

Australian shares are set to drop sharply as markets extend a pre-Christmas slump. ASX futures were down 85 points to 5587 at 8.00am AEDT, extending a slide from earlier in the session.

ASX plunge: Shares slide after Wall St, oil slump.. The Australian share market has fallen sharply in early trade, following a steep fall on Wall Street on Friday and a further plunge in crude.

The Australian dollar edged higher. Shares on Wall Street advanced, though pared gains into the close after. HSBC on Friday," Spreadex Analyst Connor Campbell said. barclays added 2.3 per cent,

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.

 · Stocks close lower after Fed cuts rates but refrained from promising more. +2.04% shares traded at the highest level in nine months Wednesday after the technology giant shrugged off a slide in.

The Australian share market looks set to open around 1.5 per cent lower after Wall Street’s key index again take a painful tumble. At 0700 AEDT on Friday, the share price futures index was down 82 points, or 1.41 percent, at 5,730.Shrugging off early weakness on falling commodities stocks, Australia’s benchmark finished modestly higher as financials joined a recovery they largely missed.

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Australian shares are set to drop sharply as markets extend a. ASX futures were down 85 points to 5587 at 8.00am AEDT, extending a slide from earlier in the session. Shares on Wall Street sank further at the start of the final full trading. sector plunged after a Friday court ruling jeopardised Obamacare.

Australian shares have continued to slip under pressure from the heavyweight financial sector, while subdued business confidence has hit the local dollar. A strong mining sector offset some of the market’s losses but the benchmark S&P/ASX200 index had by 1200 AEDT on Tuesday extended its daily slide.