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ASX 200 expected to edge higher


The Australian share market looks set to edge higher on Monday despite a poor finish on Wall Street.


According to the latest SPI futures, the ASX 200 is expected to open the day 8 points higher. 


On Friday on Wall Street, stocks slipped Friday to send Wall Street to a rare losing week, just its second in the last 16.


The S&P 500 fell 0.5% from its all-time high set a day earlier. The Dow Jones Industrial Average dropped 145 points, or 0.4%, and the Nasdaq composite sank 0.8%.


All told, the S&P 500 fell 24.16 points to 5,005.57. The Dow Jones Industrial Average dropped 145.13 to 38,627.99, and the Nasdaq composite sank 130.52 to 15,775.65.



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