Yahoo Finance Yahoo Finance morning wrap for Friday
Good morning.
Here’s what you need to know this morning in Australia and beyond to wrap up your week.
Markets: The Australian share market is expected to open lower after a negative lead from overseas.
The SPI200 futures contract was down 29 points, or 0.45 per cent, at 6,464.0 at 0700 AEST, suggesting a fall for the benchmark S&P/ASX200 on Friday.
On Wall Street overnight, the Dow Jones Industrial Average was down 1.11 per cent, the S&P 500 was down 1.19 per cent and the tech-heavy Nasdaq Composite was down 1.58 per cent.
AUD: The Aussie dollar is buying 69.01 US cents from 68.71 US cents on Thursday.
$2.9 million payout: Geoffrey Rush has won his defamation against the Daily Telegraph after it published two articles and a poster suggesting he was a pervert and sexual predator, but the Australian actor would’ve settled for $50,000 and an apology.
One Aussie state has jacked up their driving fines by an eye-watering 500 per cent. Is it your state?
Woolies is under new pressure to quit its pubs and pokies business, with a major shareholder urging the supermarket to protect its reputation, SMH reports. Bit of context: the supermarket is the biggest owner of pokies in the country.
In his last days, Bob Hawke refused to do a postal vote, instead wanting to “go up in his wheelchair and vote” in the 2019 federal election, his widow Blanche d’Alpuget told ABC’s 7:30 as reported by AAP. “But he didn’t get there.”
Do you know your bulls from your bears? Women invest in shares less than men do. Here’s a Q and A about investing and where to start by the ABC.
This local Sydney convenience store probably has more Instagram followers than you do. Here’s why customers around the world come to visit this the shop.
Around the world
The US Justice Department has laid 18 new charges against Wikileaks founder Julian Assange.
UK Prime Minister Theresa May is barely holding onto power as she backs down from plans to seek parliamentary support for a Brexit bill that has already been rejected by much of her Conservative party.
And if you had doubts about the popularity of Indian Prime Minister Narendra Modi, the surprising support by the Indian masses has put those doubts to rest as Modi wins the mandate to rule India for the next five years.
Have a great day.
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