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KM Financial Solutions | Australian shares set to plunge on Wall Street’s slump; NZ down
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Australian shares set to plunge on Wall Street’s slump; NZ down

16 Dec Australian shares set to plunge on Wall Street’s slump; NZ down

Posted at 21:36h in News by
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Australian shares are set for a sharp
fall on Tuesday, as Wall Street tumbled on concerns of slowing
global growth ahead of the U.S. Federal Reserve’s highly
anticipated rate decision.
Wall Street’s three major indices each slid more than 2
percent on Monday, with the benchmark S&P 500 closing at its
lowest level in 14 months.
The Australian share price index futures fell 1.6
percent, a 78.3-point discount to the underlying S&P/ASX 200
index

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