ASX 200 to slip on US falls; Super Retail, Fortescue in focus; Tesla soars on earnings beat

HMC raising $300m for $2bn Global Switch data centre buy. Fortescue's record output down on prior quarter. Under-pressure Super Retail's sales up. Brambles slower 1Q 'unsurprising'. 25pc chance of White exit from WiseTech: Morningstar. BlueScope cut to neutral.

Corporate commentary at AGMs, US earnings and founder issues are making for a busy week for equity investors. Picture: Gaye Gerard

Welcome to the Trading Day blog for Thursday, October 24. ASX 200 to fall. HMC raising $300m for $2bn Global Switch data centre buy. Fortescue's record output down on prior quarter. Under-pressure Super Retail's sales up. Brambles slower 1Q 'unsurprising'. 25pc chance of White exit from WiseTech: Morningstar. BlueScope cut to neutral.

ASX 200 futures are 0.2 per cent weaker at 8229 points after US trading finished.

On Wall Street, the S&P 500 and the Dow Jones indexes closed more than 1 per cent lower; the technology-focused Nasdaq Composite sank 2 per cent with Nvidia and Tesla the worst among the Mag 7 stocks at close. Tesla rose after hours on after its surprise profit jump.

US 10-year bond yields settled at 4.25 per cent for the first time since July after surprisingly strong economic data signalled the Federal Reserve's rate cuts may be slower than expected. It comes as existing home sales in the US are on track for the worst year since 1995 — for the second year in a row.

Oil prices eased off with the global benchmark Brent crude near $US75 per barrel and the US WTI near $US71 per barrel.

Gold futures also lost a little of their shine, down 1 per cent to $US2727 per ounce.

Iron ore futures on the Singapore exchange settled below $US100 per tonne.

The Aussie dollar is trading around US66.26c.