ASX to slip, US price data eases rate concerns

Companies set to report results on Friday: Life360

Market highlights

ASX futures down 11 points or 0.1% to 7649 near 4.35am AEDT

AUD -0.1% to 64.92 US cents

Bitcoin -0.6% to $US61,043 at 4.40am AEDT

On Wall St at 12.40pm: Dow -0.2% S & P +0.2% Nasdaq +0.3%

In New York: BHP +0.3% Rio +0.7% Atlassian -0.5%

Tesla -1% Microsoft +0.2% Apple -0.9% Nvidia +1.7%

Alphabet +0.5% Amazon +1% Meta +0.6%

VIX -1.7% QQQ +0.5% TLT +0.5%

Stoxx 50 -0.1% FTSE +0.1% DAX +0.4% CAC -0.3%

Spot gold +0.5% to $US2044.29/oz at 12.36pm in New York

Brent crude +0.04% to $US83.71 a barrel

Iron ore +0.6% to $US116.70 a tonne

10-year yield: US 4.24% Australia 4.13% Germany 2.41%

US prices as of 12.43pm in New York

What’s driving markets

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Capital Economics’ Diana Iovanel said the latest PCE data paves the way for US Treasury yields to fall.…

This data comes from the ChinaPulse.com media intelligence and smart news insights monitoring platform.