ASX to drop from seven-month high; Vaccine fears sap Wall St
Summary
- SPI futures are down 0.9% and hint at early losses for the ASX 200 on Wednesday. The index has gained for the past seven sessions straight
- The Dow and the S&P 500 snapped a four-day winning streak overnight after pause in Johnson & Johnson’s COVID-19 trial triggered concerns about the timing of a vaccine
- Apple has launched four versions of the iPhone 12 with faster 5G connectivity the company hopes will spur a wave of upgrades and keep its sales booming
- The Bank of Queensland is due to release its full-year results today, while CSL and BHP will will hold their AGMs
Latest updates
Good morning
Buongiorno, buenos días, and guten morgen! Welcome to Wednesday’s editon of Markets Live.
Alex Druce and Lucy Battersby will be guiding you through today’s events. The market’s seven-session winning streak looks in danger after a fall on Wall Street overnight.
Feel free to drop us a comment if you spot something interesting or if you’ve got a question for us.
This blog is not intended as financial advice
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