Hello there,
I’m business reporter Emily Stewart and I’ll be bringing you all the finance news this morning.
On Wall Street, we’ve seen the tech-heavy Nasdaq off -1.4% to 19,015, the broader S&P 500 was down -0.6% to 5,951, while the blue-chip Dow Jones was up 0.4% to 43,654.
Markets were rattled by an order from US President Donald Trump to limit Chinese investments in strategic US sectors such as chips, AI and aerospace.
Trading continues over there.
Locally, Australian investors will be keenly awaiting the monthly inflation figures, because it is a key factor in the Reserve Bank’s decisions around interest rates.
In company news, we’ve got big supermarket chain Woolworths posting its half year results.
Stay with us for a busy day ahead!
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