Forum Topics News Summary DJ Australia Shares on Track to Fall at Open -- Market Talk 15 Apr 2024 09:16:43
Jimmy
a month ago

2316 GMT - Australia's S&P/ASX 200 looks set to fall at the open, as investors' nerves are rattled by an escalation in tensions in the Middle East and the potential for interest-rate cuts to happen later than thought. ASX futures are down by 0.6%. Ahead of Iran's heavy missile strike on Israel Saturday, major U.S. indices fell. On Friday, the Dow Jones Industrial Average closed 1.2% lower, the S&P 500 lost 1.5%, while the tech-heavyNasdaq Composite shed 1.6%. Australia's benchmark index closed 0.3% lower at 7788.1 on Friday, paring weekly gains amid weakness in bank and consumer stocks. (alice.uribe@wsj.com)

(END) Dow Jones Newswires

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