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KM Financial Solutions | Australia shares set to slip; NZ down
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Australia shares set to slip; NZ down

03 Feb Australia shares set to slip; NZ down

Posted at 21:40h in News by
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Feb 5 (Reuters) – Australian shares are expected to open the
week lower, tracking a substantially weaker finish from Wall
Street on Friday as fears of a tightening bond market in the
U.S. as well as rising bond yields had investors rapidly exiting
equities.
Wall Street’s three major indexes logged their biggest
weekly losses in two years on Friday. The S&P 500 and Dow saw
their worst weeks since early January 2016 while Nasdaq had its
worst week since early Feb 2016.
The local sh

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