Australian shares are poised to fall as the post-US election rally in global equities hit a wall. The consolidation came after the S&P 500’s biggest five-day run in a year. Even Tesla fell, a minor dent after a torrid run higher.
On Wall St at 4pm: Dow -0.9% S&P -0.3% Nasdaq -0.1%
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Timothy Moore writes on equities, commodities and monetary policy. He writes Before the Bell and contributes to the Markets Live blog. Connect with Timothy on Twitter. Email Timothy at timothy.moore@afr.com
