Dow Jones closed down 1.6%, ASX futures down ahead of market open in Sydney
- Dow Jones closes down 569.38 points (-1.6%).
- ASX futures trading lower with ASX set to fall 35 points (-0.48%).
- Bitcoin is trading at US$42,000.
The Dow Jones fell 1.63% to finish the trading day down 569 points to close at 34,300 points.
Earlier, markets in Europe were weaker as London’s FTSE fell 0.5% while Germany’s DAX finished the trading day lower, down 2.1%.
Asian markets are set to open lower with ASX futures down 35 points (-0.5%) ahead of the open in Sydney.
The Australian dollar is stronger against the major currencies and is buying 72.41 US cents.
WTI Crude oil is selling for US$0.97 per barrel while Brent oil is unchanged at US$1.26 per barrel.
The spot iron ore price remains above US$200 per ton trading at US$115 and one bitcoin is worth US$41,535 going into the Asian trading day.
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