Iron ore hits S&P/ASX 200 (INDEXASX:XJO): AMA Group Ltd (ASX:AMA) tumbles on raising
Both benchmarks weakened into the close, as both the S&P/ASX200 (INDEXASX: XJO) and All Ordinaries (INDEXASX: XAO) fell 0.2% on Friday.
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Both benchmarks weakened into the close, as both the S&P/ASX200 (INDEXASX: XJO) and All Ordinaries (INDEXASX: XAO) fell 0.2% on Friday.
Friday saw another negative close for US and global benchmarks led by the tech-heavy Nasdaq, which finished 2.2% lower.
US stock markets closed out a volatile week on a negative note as DocuSign (NASDAQ:DOCU) and DiDi (NYSE:DIDI) shares made headlines.
The Dow Jones continued its winning streak overnight while the teach-heavy S&P 500 and Nasdaq tumbled on a spike in bond yields.
US stock markets are set to push global equities down this week on concerns the Delta variant outbreak will put a secondary brake on the economy.
US stock markets ended the week on a negative note, with all three indices ending in the red. Despite the weakness, big tech is outperforming.
Both the Nasdaq and S&P 500 hit record highs overnight, adding 1.1% and 0.3% respectively, as bond yields continued to fall.
The ASX 200 (INDEXASX:XJO) is set to edge lower when the market opens on Monday. Southern Cross (ASX:SXL) and ASX travel shares are making headlines.