As of 6:30am AEST, ASX futures were down 0.5 per cent to 6,783.The local currency was trading down at 76.60 US cents.The S&P 500 and the Dow climbed, led by stocks poised to benefit the most from an economic rebound as the US Senate passed a US$1.9 trillion COVID-19 relief aid.
But prospects of more government spending and faster economic growth have stoked fears of a spike in inflation, sending the benchmark 10-year Treasury yield to near one-year highs.
Ah, you might want to hire someone who knows how to read the futures market. It's up vs Monday's close.
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