The Australian sharemarket is set to dip as traders brace for a key week in the US reporting season, which will reveal whether earnings from the likes of Intel and Tesla can satisfy investors and continue a gravity-defying bull run.
Futures for the S&P/ASX 200 Index suggest a softer start to the week, pointing down 8 points, 0.1 per cent, to 9002 and extending Friday’s modest sell down after the local bourse reset record highs the day before.
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Gus McCubbing is a markets reporter in the Melbourne newsroom. He was previously the Australian Financial Review’s Victorian political correspondent. Connect with Gus on Twitter. Email Gus at gus.mccubbing@afr.com
