ASX to slip; Tamboran in $260m takeover of Beetaloo partner Falcon
Australian shares are set to open lower this morning with ASX 200 futures ponting down 11 points to 8862.
Shares in New York shook off morning weakness to turn positive late, despite concern about a potential US federal government shutdown.
While gains were modest on the final day of September on Wall Street, the benchmark S&P 500 and the tech-heavy Nasdaq and the Dow all gained for the second quarter in a row, Reuters reported. For the S&P 500 and the Dow, it also marked their fifth straight monthly gain while the Nasdaq registered its sixth straight monthly gain
Monica Guerra, head of US policy at Morgan Stanley Wealth Management, said historically shutdowns have had limited economic impact. “However, economic effects could be…
