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KM Financial Solutions | Australian shares set to drop as Wall Street slides on growth fears; NZ down
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Australian shares set to drop as Wall Street slides on growth fears; NZ down

02 Jan Australian shares set to drop as Wall Street slides on growth fears; NZ down

Posted at 21:27h in News by
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Australian shares are set to open lower on
Friday after Apple’s revenue warning rocked Wall Street and
added to fears of a global economic slowdown.
Apple’s holiday quarter revenue shortfall sent shockwaves
through equity markets globally, with the tech company blaming
sales in China, stoking fears that Australia’s largest trading
partner is being dragged under by the uncertainty of the
Sino-U.S. trade battle.
The local share price index futures fell 0.6
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