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Dow Jones closed down 1.8%, ASX futures down ahead of market open in Sydney

  • Dow Jones closes down 597.65 points (-1.8%).
  • ASX futures trading lower with ASX set to fall 49 points (-0.7%).
  • Bitcoin is trading at US$44,000.

The Dow Jones fell 1.76% to finish the trading day down 598 points to close at 33,295 points.

Earlier, markets in Europe were weaker as London’s FTSE fell 1.7% while Germany’s DAX finished the trading day lower, down 3.85%.

Asian markets are set to open lower, with ASX futures down 49 points (-0.7%) ahead of the open in Sydney.

The Australian dollar is firm against the major currencies and is buying 72.53 US cents.

Gold is trading at US$113 per ounce with copper down 3.77% to US$136.45 per pound.

WTI Crude oil is selling for US$163.20 per barrel while Brent oil is lower at US$864.37 per barrel.

The spot iron ore price is trading at US$144.75 per metric ton and one bitcoin is worth US$43,982 going into the Asian trading day.

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