Live ASX News Today

• 10^th Jun 07:15 PM AEST

  

---

• 10^th Jun 06:52 PM AEST

  

---

• 10^th Jun 06:47 PM AEST

  

---

• 10^th Jun 03:47 PM AEST

  

---

• 10^th Jun 03:00 PM AEST

  

---

• 10^th Jun 02:30 PM AEST

  

---

• 10^th Jun 01:45 PM AEST

  

---

• 10^th Jun 01:29 PM AEST

  

---

• 10^th Jun 11:57 AM AEST

  

---

• 10^th Jun 11:49 AM AEST

  

---

• 10^th Jun 10:09 AM AEST

  ASX 200 to fall after US stocks tumble

  The Australian share market is expected to end the week in the red following a dismal overnight trade on Wall Street. A drop in commodity prices may impact domestic mining and energy stocks.

  According to the latest SPI futures, the ASX 200 is likely to open 58 points or 0.8% lower. On Thursday, the benchmark index fell 1.4% to 7,019.7 points.

  On Wall Street, the Dow Jones fell 1.9%, the S&P 500 slipped 2.4%, and the NASDAQ ended 2.75% lower. Shares on Wall Street tumbled as the market awaited the release on Friday of the US consumer price index for May.

  Investors now expect Fed to hike rates by 50 basis points next week, especially if US CPI data confirms an elevated inflation reading.

  In Europe, the Stoxx 50 fell 1.7%, the FTSE dipped 1.5%, the CAC dropped 1.4%, and the DAX ended 1.7% lower.

---