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ASX to fall, Wall Street struggles amid renewed inflation worries

Australian shares are poised to fall. US stocks drifted ahead of a national day of mourning for the funeral of President Jimmy Carter. US markets will be closed on Friday AEDT. The S&P 500 briefly slipped below 5900 points.

  • On Wall St at 4pm: Dow +0.3% S&P +0.2% 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

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    Original URL: https://www.afr.com/markets/equity-markets/asx-to-fall-wall-street-struggles-amid-renewed-inflation-worries-20250109-p5l2zm