ASX set to dip as weak jobs report douses Wall Street heat

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Summary

  • ASX futures were down 4 points, or 0.1%, at 6673 and hinting at a weak start for the benchmark index¬†
  • The ASX200 finished Wednesday’s session within a point of where it started 2020 as November’s record rally extended to 12.7%
  • The S&P500 and Dow Jones backed away from all-time highs overnight as investor appetite waned on mounting job losses. Conversely, the NASDAQ finished at an all-time high
  • Spot gold was flat at $US1806.78 an ounce near 6am, Brent crude +1.6% to $US48.61 a barrel, US oil +1.7% at $US45.67 a barrel, and iron ore flat at $US127.41 a tonne
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Source: Thanks smh.com