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

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

BANGKOK (AP) – World shares were mostly higher on Friday after Wall Street ended overnight with the dow jones industrial average closing above 27,000 for the first time. Germany’s DAX edged 5.

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.

Australian shares are set to edge down to start the trading week. The currency, in contract, advanced 0.5% to US68.46¢. Shares on Wall Street were mixed on Friday in New York in the wake of the.

The Aussie share market is heading for a second 100 point or near 2% slump on Tuesday after Wall Street endured its biggest one day fall of the year on Monday. A 7% slump in iron ore prices and weaker oil prices will see further pressure on local investors, as it did on Monday.

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Stocks slump after Wall St slide.. Australian stocks have slumped this morning after the US Federal Reserve said there were "significant downside risks" in the world’s largest economy but.

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.

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

Wall Street slumped on Monday and futures pointed to more losses to come after a fall in China’s yuan currency and U.S. President Donald Trump’s vow to impose additional tariffs on Chinese goods.

The Australian share market is fumbling for a tourniquet at noon as stocks slide to new 12-month lows, following a dive on Wall Street overnight amid a cocktail of disappointing economic and trade.

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The chance that Europe will respond in kind to U.S. tariffs is likely to further fuel concerns that global growth is set for.

The Australian share market is set to open almost one per cent lower after Wall Street again tumbles and after President Donald Trump announces tariffs on steel and imported aluminium. At 0700.

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