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Live: Wall Street slips from record high on tariff worries, ASX set for doldrums

Market snapshot

  • ASX 200 futures: -0.2% to 8,548 points
  • Australian dollar: -0.2% to 65.78 US cents\
  • Wall Street (Friday): S&P500 -0.3%, Dow -0.6%, Nasdaq -0.2%
  • Europe (Friday): DAX -0.8%, FTSE -0.4, Eurostoxx -1.0%
  • Spot gold (Friday): +1.0% at $US3,355/ounce
  • Brent crude (Friday): +2.5% to $US 70.36/barrel
  • Iron ore (Friday): +0.3% to $US99.30/tonne
  • Bitcoin: +3.8% at $US117,877

Prices current around 7:20am AEST

Good morning

Good morning and welcome to another week on the ABC markets and finance blog.

Stephen Letts from ABC business team limbering up for a blow-by-blow coverage of the day’s events, where every post is hopefully a winner, but none should be construed as financial advice.

In short, it looks like a dreary start to the week after Wall Street closed lower on Friday

Futures trading points to the ASX 200 slipping 0.2% on opening.

As always, the game’s afoot, so let’s get blogging.

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