Australian shares are poised to open modestly higher, reversing earlier weakness. Nvidia and Apple each dropped sharply on company-specific news, before some buyers began to step in.
Iron ore and oil rose. Gold was lower. Bitcoin extended its slide to start the new year, briefly trading below $US90,000; it was back above $US93,000 late in New York’s trading day.
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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
