Australia markets close in 1 hour 25 minutes
  • ALL ORDS

    7,344.60
    +18.40 (+0.25%)
     
  • ASX 200

    7,105.80
    +12.80 (+0.18%)
     
  • AUD/USD

    0.7002
    +0.0026 (+0.38%)
     
  • OIL

    113.81
    -0.39 (-0.34%)
     
  • GOLD

    1,823.10
    +9.10 (+0.50%)
     
  • BTC-AUD

    43,311.95
    -329.03 (-0.75%)
     
  • CMC Crypto 200

    681.35
    +438.67 (+180.76%)
     
  • AUD/EUR

    0.6705
    +0.0025 (+0.38%)
     
  • AUD/NZD

    1.1059
    +0.0013 (+0.12%)
     
  • NZX 50

    11,135.12
    -22.54 (-0.20%)
     
  • NASDAQ

    12,243.58
    -143.82 (-1.16%)
     
  • FTSE

    7,464.80
    +46.65 (+0.63%)
     
  • Dow Jones

    32,223.42
    +26.76 (+0.08%)
     
  • DAX

    13,964.38
    -63.55 (-0.45%)
     
  • Hang Seng

    20,395.66
    +445.45 (+2.23%)
     
  • NIKKEI 225

    26,622.47
    +75.42 (+0.28%)
     

ASX to fall as NSW businesses call for aid

NSW businesses are asking for financial support. (Source: Getty)
NSW businesses are asking for financial support. (Source: Getty)

Good morning.

ASX: The ASX is expected to open lower on Tuesday morning, following a rollercoaster day for US markets, after the S&P 500 and Nasdaq last week also saw their largest fall since March 2020.

The benchmark S&P/ASX200 index closed down 36.3 points, or 0.51 per cent, to 7,139.5 points on Monday. The All Ordinaries index closed lower by 48.6 points, or 0.65 per cent, to 7,441.5 points.

Wall Street: US indexes finished higher on Monday local time after a dramatic sell-off. Investors had been monitoring the prospect of a Russian attack on Ukraine, while also keeping an eye on the Federal Reserve before stocks recovered in the afternoon.

The Dow Jones Industrial Average finished up 0.29 per cent, at 34,364.50, the S&P 500 was up 0.28 per cent, at 4,410.13, and the Nasdaq Composite was up 0.63 per cent, at 13,855.13.

$100,000 investing challenge: 2,000 women competed in a $100,000 investing challenge late last year. Here’s what they learnt, and what they’re doing now.

NSW businesses: Omicron has driven a wrecking ball through NSW businesses’ summer plans. Now, they’re calling for “urgent” financial aid.

Inflation data: Growing house and fuel prices will likely keep inflation around 3 per cent, with economists awaiting the latest inflation data on Tuesday. Here’s what else they’re looking at.

Aboriginal flag: The Aboriginal flag now “belongs to everyone” after the Australian Government finalised a deal taking ownership of its copyright.

It comes after many Aboriginal businesses were sent cease and desist letters for using the flag in their products.

Not today, scammers: And a 73-year-old grandmother has outsmarted scammers trying to steal $11,000. Here’s the hilarious way she did it.

Have a great day.

Follow Yahoo Finance on Facebook, LinkedIn, Instagram and Twitter, and subscribe to the free Fully Briefed daily newsletter.

Sign up to get Fully Briefed every business day and Rich Thinking every fortnight, straight to your inbox.
Sign up to get Fully Briefed every business day and Rich Thinking every fortnight, straight to your inbox.
Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting