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Yahoo Finance’s Friday morning wrap

Yahoo Finance's Friday morning wrap. Source: Getty
Yahoo Finance's Friday morning wrap. Source: Getty

Good morning.

The ASX is expected to open lower today, after the futures contract was down 15 points (0.23 per cent) at 7.15am.

Overnight on Wall Street, the Dow Jones finished up 0.19 per cent, while the S&P 500 was down 0.05 per cent.

The Aussie dollar is buying 67.57 US cents from 67.68 US cents on Tuesday.

And here’s why the ASX could face a tough time over the next 12 to 18 months.

Mascot Towers unit owners have agreed to pay a $7 million levy to repair the building. The sum will be raised by apartment owners, and will pay for stages one and three of the complex’s remediation work. The total cost is now expected to be more than $10 million but less than $20 million.

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Did Twitter axe Pauline Hanson? The Aussie senator has reportedly had her Twitter account suspended, after suggesting Queensland police should use cattle prods against Brisbane Adani protestors.

Planning your weekly shop? These are the best deals at Aldi this week.

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