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ASX set to fall 0.5% after Wall Street slips
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ASX set to fall 0.5% after Wall Street slips
The S&P 500 fell 0.25% to 7,651.54 after gaining as much as 0.7% earlier in the session. The Dow Jones Industrial Average dropped 443.87 points, or 0.86%, to 50,906.05, while the Nasdaq Composite gained 0.24% to 26,861.06.The Federal Reserve’s preferred inflation measure showed price pressures easing in August. Headline PCE inflation slowed to 3.4% annually
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