⁍ Australian shares slipped on Friday as weak iron ore prices pressured heavyweight mining stocks.
⁍ New Zealand’s benchmark S&P/NZX 50 index slipped 0.5% ahead of the election results on Saturday.
– Wall Street took a drubbing on Thursday, with the Dow falling more than 400 points and the S&P 500 and Nasdaq dropping more than 2% each, as investors worried about President Trump’s tax plan and the fate of the GOP tax plan. Markets in Europe and Asia were also in the red, notes Reuters, with Japan’s Nikkei down 1.2% and Australia’s S&P/ASX 200 down 0.3%. Markets in New Zealand, meanwhile, were lower ahead of Saturday’s election.
Source: https://www.reuters.com/article/australia-stocks-int/miners-drag-australian-shares-lower-nz-falls-before-election-results-idUSKBN27030C