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

Renewed uncertainty about the potential for a long-term U.S.-China trade deal may contribute to initial weakness on Wall Street. Optimism about phase one of a trade deal has contribute to recent strength on Wall Street, but a new report from Bloomberg said Chinese officials are casting doubts about reaching a comprehensive long-term trade.

After regular cash trading, S&P 500 e-mini futures EScv1 edged. The Australian share market has fallen sharply in early trade, following a steep fall on Wall Street on Friday and a further plunge in crude oil prices. Wall Street’s benchmark S&P 500 index. Latest from "U.S. Markets" in The Wall Street Journal.

Australian shares are poised to open lower as Wall. after a three-day weekend. The benchmark S&P 500 index is now down nearly 5 per cent from its closing high set on April 30, while the Dow Jones.

8 days ago · The company’s third-quarter profit for shareholders of $2.66 per share was well short of Wall Street estimates and the number for the same period a year ago – both set at $2.88 per share.

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The Australian share market looks set to open open more than one per cent lower after Wall Street’s two key indexes plunged more than two per cent in their last session. At 0700 AEDT on Monday, the share price futures index was down 65 points, or 1.07 per cent, at 6,006. In the US, fears of how a.

NEW YORK (Reuters) – Wall Street slumped on Monday and futures pointed to more losses to come after a fall in China’s yuan. Philadelphia semiconductor index .SOX dropped 4.4%. Stocks could slide.

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Renewed fears of a global economic slowdown, which sparked a savage global sell-off on Friday, are expected to push Australian shares to one. markets’ strong start to the year, causing shares on.