Markets
Australian shares set to track Wall Street lower after Powell comments, NZ down
- The benchmark fell 0.8% on Thursday.
Australia shares were likely to open lower on Friday following a sharp slide on Wall Street overnight after Federal Reserve Chair Jerome Powell's comments did not ease concerns around rising bond yields.
The local share price index futures fell 0.3%, a 17-point discount to the underlying S&P/ASX 200 index close.
The benchmark fell 0.8% on Thursday.
New Zealand's benchmark S&P/NZX 50 index was roughly flat by 2124 GMT.
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