ASX live coverage: US CPI disappoints, Wall Street lower; oil prices rise
Local sharemarket set to lose steam after Wall Street retreats despite late rally. US inflation stickier than expected, jobless claims grow. Oil and gold prices push higher. Richard White sells down WiseTech stock amid court stoush.
Welcome to the Trading Day blog for Friday, October 11. The ASX 200 is set to open lower after US stocks declined on disappointing inflation data.
ASX 200 futures are marginally lower to 8256 points..
On Wall Street, the S&P 500 closed 0.2 per cent lower, the technology-focused Nasdaq Composite Index ended flat, marginally lower, and the Dow Jones Industrial Average shed 0.1 per cent.
US 10-year bond yields are flat to 4.067 per cent.
Oil prices are higher with global benchmark Brent at $US79.04 per barrel and WTI Nymex trading at $US 75.59 per barrel.
Gold futures are higher to $US2647.20 per ounce.
The Aussie dollar is trading around US67.39c.
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Originally published as ASX live coverage: US CPI disappoints, Wall Street lower; oil prices rise
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