Sharemarket set for soft start amid interest rate uncertainty
Sharemarket set for soft start amid interest rate uncertainty
The Australian share market is headed for a weak start after US stocks fell in choppy trading as investors assessed the Federal Reserve’s interest rate stance and a batch of soft earnings early in the financial reporting season.
Travelers tumbled on Wednesday as one of the biggest drags on the S&P 500 and largest on the Dow Industrials after the insurance giant missed Wall Street expectations for first-quarter profit.
Also weighing …