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

"We think there will need to be some evidence of a real turn in earnings growth for U.S. stocks to advance much further. Co fell 6.2% after J.P.Morgan downgraded the conglomerate’s shares to.

The Wall Street Crash of 1929, also known as the Stock Market Crash of 1929 or the Great Crash, was a major stock market crash that occurred in late October 1929. It started on October 24 ("Black Thursday") and continued until October 29, 1929 ("Black Tuesday"), when share prices on the New York Stock Exchange collapsed.

2 days ago · The major U.S. index futures are currently pointing to a lower opening on Wednesday, with stocks likely to see further downside after turning lower over the course of the previous session. A further inversion of the yield curve may weigh on Wall Street, with the inversion seen as an indicator that a U.S. recession is looming.

ASX Set For Softer Open Despite Wall St Records By Glenn Dyer | More Articles by Glenn Dyer Australian shares are looking at a weak start this morning despite a solid ending to last week on Wall Street on Friday which saw all three major indexes close at new highs.

 · The fall in Asian stocks came after steep losses on Wall Street overnight. The Dow jones industrial average plunged 551.80 points to close at 24,465.64 while the S&P 500 declined 1.8%. The Nasdaq Composite, meanwhile, shed 1.7% to 6,908.82. The Dow and the S&P 500 erased their gains for 2018 and are now down 1.0% and 1.2% respectively for the year.

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4 days ago. Australian shares made back some ground by the close, but still. China on Friday said it would impose retaliatory tariffs on additional US products.. who ran for the hills, hammering European and Wall Street stocks, while safe. Rival Caltex Australia also recently warned its profit is set to slump as the.

Australian shares are poised to open lower as European shares slid. BHP and Rio fell in London. $A steady. ASX futures were 24 points lower at about 8.40am AEDT. With Wall Street closed for.

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General Electric shares slide after another damning report.. The city’s budget for 2019 assumes a further bonus pool decline of 9 percent for financial workers in the city.. [Wall Street.

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