Australian shares are poised to open modestly lower as futures reversed earlier gains. Tech stocks reversed, led by Nvidia, after data showed the services sector expanded for a sixth consecutive month in December, and a key price metric surged. Oil retook the $US77 a barrel mark.
On Wall St at 4pm: Dow -0.4% S&P -1.1% Nasdaq -1.9%
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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
