Shares ended mostly lower in New York after a late swoon, with risks from the failure of Silicon Valley Bank continuing to reverberate through markets. In addition, expectations that the Federal Reserve may end its rate-rising cycle as early as this month after SVB’s failure are in flux.
ASX futures were down 132 points or 1.86% to 6974 near 7.30am AEDT.
Loading...
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
