Live: ASX to follow US markets down on rate hike fears, as Alphabet faces AI worries

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Live: ASX to follow US markets down on rate hike fears, as Alphabet faces AI worries
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It's all about rates, as is the case across much of the world right now. Follow the day's financial news and insights from our specialist business reporters on our live blog.

By Emilia TerzonSorry to sound like a broken record but we have rate hikes dominating markets again this morning. Are you over it yet?

For further a glimmer of what could happen, markets will be watching US jobless data out around 12:30am AEDT. If they stay near 2022 lows, it'll be more ammunition to keep raising rates.

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