Live: ASX set to fall, after Wall Street drops on nerves about interest rates and key jobs data

United Kingdom News News

Live: ASX set to fall, after Wall Street drops on nerves about interest rates and key jobs data
United Kingdom Latest News,United Kingdom Headlines
  • 📰 abcnews
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 83%

Australian shares are expected to open lower on Friday, after Wall Street indices fell as looming economic data weighs on investors. Follow the day's events and insights from our business reporters on the ABC News live markets blog.

abc.net.

au/news/asx-markets-business-live-news-march-10-2023/102077688Australian shares are expected to open lower, after Wall Street indices fell as looming economic data weighed on investors.Follow the day's financial news and insights from our specialist business reporters. And let us know if there's anything you'd like to know?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

abcnews /  🏆 5. in AU

United Kingdom Latest News, United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

ASX LIVE: ASX to rise, US stocks slip, bitcoin dips below $US22,000ASX LIVE: ASX to rise, US stocks slip, bitcoin dips below $US22,000Australian shares are poised to open higher. S&P 500 edges higher, Silvergate plummets. Powell walks back some of his rate rhetoric. Xero to slash up to 800 jobs. Myer decalres super-sized dividend. $A hovers below US66¢. China price data ahead. Follow updates here.
Read more »

ASX set to open up 0.25 percent following mixed results on Wall StreetASX set to open up 0.25 percent following mixed results on Wall StreetCommSec’s Tom Piotrowski says the Australian share market is set to open up by 0.25 per cent which is 'at odds” following the US markets. “We had the second iteration of Jerome Powell's testimony in congress overnight … he did qualify the fact that the desire to raise rates more aggressively would have to be accompanied by stronger economic news,” he told Sky News Australia. “That’s why the jobs data of the day was prominent because this is the private measure of jobs growth – it was much stronger than what the market had expected. “Another measure, which looks at job openings, showed that for every American looking for a job, there are almost two available. “This just gives you an indication of the strength of the US job market”. Presented by CommSec.
Read more »

Live: Wall Street up, ASX to follow after Federal Reserve chairman Jerome Powell eases hawkish rates messageLive: Wall Street up, ASX to follow after Federal Reserve chairman Jerome Powell eases hawkish rates messageAustralian shares to open higher, following Wall Street. Follow the day's financial news and insights from our specialist business reporters on our live blog.
Read more »

ASX declines as investors weigh further rate hikesASX declines as investors weigh further rate hikesWeaker mining stocks weighed on the Australian sharemarket during the early trading hours on Wednesday as investors started to price in at least one more interest rate hike in April.
Read more »

ASX to rise, Powell walks back harsher rate rhetoricASX to rise, Powell walks back harsher rate rhetoricAustralian shares are set to open higher. Wall Street mixed at midday. The Fed boss says March rate call not decided. $A hovers near US66¢.
Read more »



Render Time: 2025-03-11 03:25:43