Australian shares are poised to fall, tracking losses in New York. After opening higher, US equities reversed to close modestly lower. Tesla shed 6.1 per cent, extending its five-day losses to 18.5 per cent.
On Wall St at 4pm: Dow -0.4% S&P -0.2% Nasdaq -0.2%
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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
