bigdog
Retired many years ago
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ASX 200 expected to fall
The Australian share market looks set to fall on Monday despite a decent finish on Wall Street on Friday.
According to the latest SPI futures, the ASX 200 is expected to open the day 14 points or 0.2% lower.
Wall Street coasted to the close of its best week since November, as U.S. stocks drifted a bit higher Friday.
The S&P 500 rose 0.2% for a seventh straight gain and pulled back within 2% of its all-time high set last month. The Dow Jones Industrial Average gained 96 points, or 0.2%, and the Nasdaq composite added 0.2%.
All told, the S&P 500 rose 11.03 points to 5,554.25. The Dow gained 96.70 to 40,659.76, and the Nasdaq composite added 37.22 to 17,631.72.