Australia shares hit over two-month low as miners drag; U.S. stimulus woes weigh

  • 📰 Reuters
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 97%

United States Headlines News

United States Latest News,United States Headlines

Australian shares on Tuesday hit a more than three-month low, pressured by miners and energy stocks, due to overnight Wall Street losses as possible delays in fresh stimulus raised concerns about a longer recovery path for the U.S. economy.

FILE PHOTO: A board displaying stock prices is seen at the Australian Securities Exchange in Sydney, Australia, February 9, 2018. REUTERS/David Grayslid 0.6% to 5,790.10 by 0034 GMT, after falling 0.9% to hit its lowest since June 16 earlier. It lost 0.7% in the previous session.

Wall Street’s main indexes closed lower on Monday over the possibility of delays in fresh stimulus from Congress following the death of U.S. Supreme Court Justice Ruth Bader Ginsburg. Congress has for weeks remained deadlocked over the size and shape of another coronavirus-response bill, on top of the roughly $3 trillion already enacted into law.

Concerns about new lockdowns in Europe and the UK also spurred fears of obstruction to a nacent recovery in the global economy and further pressure to equity markets.down as much as 2.5% to its lowest level since Sept. 4.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Las mineras siempre se van a quejar todo por💰💰💰💰💰.

ASX will fall a lot harder than that.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Asian shares cling to tight ranges as attention shifts to U.S. election, stimulusAsian shares and most currencies held tight ranges on Monday, as investors awaited developments on U.S. fiscal stimulus and coronavirus vaccines amid a resurgence of infections in Europe.
Source: Reuters - 🏆 2. / 97 Read more »

US household net worth hits all-time high on surging stocks and stimulus help - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Fake growth - corp socialism More stimulus!
Source: BusinessInsider - 🏆 729. / 51 Read more »

Iran's rial hits record low as tension spikes with the U.S.The Iranian rial fell to a record low against the U.S. dollar on the unofficial market on Sunday, a day after the U.S. President Donald Trump's administration declared all United Nations sanctions on Tehran had been restored. Haha 😂😂 🤪
Source: Reuters - 🏆 2. / 97 Read more »

Iran's rial hits record low as tension spikes with the U.S.The Iranian rial fell to a record low against the U.S. dollar on the unofficial market on Sunday, a day after the U.S. President Donald Trump's administration declared all United Nations sanctions on Tehran had been restored. ƏLLƏHÜ h.h......iran islami cumhuriyyəti və şiə və məsihi isa və məhdi !!!......əmin..... No one REALLY thinks the US can go 8 years w/o illegally attacking a sovereign nation.
Source: Reuters - 🏆 2. / 97 Read more »

Drought-hit Mexicans assert demands that water sharing with U.S. endsProtesters gathered on Sunday in drought-hit northern Mexico in an attempt to retain control of a dam key to government efforts to diffuse tensions over a water sharing pact with the United States. HRGPFOREVER Send it to California! Well, THAT'S a bullshit treaty.
Source: Reuters - 🏆 2. / 97 Read more »

TV Ratings: Emmys Hit All-Time Low for Second Straight YearABC's telecast is down by double digits from 2019, which set the previous floor for the awards. Yikes. But everything on traditional television is hitting all-time lows and I know many weren't interested in watching what they expected to be a Zoom teleconference. (But it was much better than that!) Check out my recap here. Looking forward to Trump's essential tweet on this Nuanced conversation to follow
Source: THR - 🏆 411. / 53 Read more »