ASX Preview: Australian Shares Set to Open Lower in Wake of Subdued Wall Street Session

MT Newswires Live

Jan 09

Australian shares are likely to open lower Thursday following a subdued session on Wall Street overnight.

Investors will keep an eye on retail sales for November 2024 scheduled for release at 11:30 am Sydney time. The consensus estimate is for a monthly increase of 1%, according to Trading Economics, versus October's 0.6% growth.

The international trade in goods data for November will be released at the same time.

Overnight, the Nasdaq Composite and the S&P 500 barely made a dent, while the Dow Jones Industrial Average eked out a 0.3% increase.

In corporate news, Fortescue (ASX:FMG) signed a memorandum of understanding with China Baowu Steel Group's subsidiary to push for the decarbonization of the steel industry via a green iron metal project, the company said Wednesday on its LinkedIn account.

Rio Tinto's (ASX:RIO) planned acquisition of Arcadium Lithium (ASX:LTM) cleared another hurdle with the receipt of the Committee on Foreign Investment in the United States' clearance, according to a Wednesday statement from Arcadium Lithium.

Australia's benchmark index rose 0.8%, or 64 points, Wednesday to close at 8,349.10.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2502008125"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2502008125\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2502008125?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-01-09 06:37","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2502008125","market":"sh","top_or_hot":-1,"title":"ASX Preview: Australian Shares Set to Open Lower in Wake of Subdued Wall Street Session","media":"MT Newswires Live","content":"<html><body><p> Australian shares are likely to open lower Thursday following a subdued session on Wall Street overnight.</p><p>Investors will keep an eye on retail sales for November 2024 scheduled for release at 11:30 am Sydney time. The consensus estimate is for a monthly increase of 1%, according to Trading Economics, versus October's 0.6% growth.</p><p>The international trade in goods data for November will be released at the same time.</p><p>Overnight, the Nasdaq Composite and the S&amp;P 500 barely made a dent, while the Dow Jones Industrial Average eked out a 0.3% increase.</p><p>In corporate news, Fortescue (ASX:FMG) signed a memorandum of understanding with China Baowu Steel Group's subsidiary to push for the decarbonization of the steel industry via a green iron metal project, the company said Wednesday on its LinkedIn account.</p><p>Rio Tinto's (ASX:RIO) planned acquisition of <a href=\"https://laohu8.com/S/ALTM\">Arcadium Lithium</a> (ASX:LTM) cleared another hurdle with the receipt of the Committee on Foreign Investment in the United States' clearance, according to a Wednesday statement from Arcadium Lithium.</p><p>Australia's benchmark index rose 0.8%, or 64 points, Wednesday to close at 8,349.10.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>ASX Preview: Australian Shares Set to Open Lower in Wake of Subdued Wall Street Session</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nASX Preview: Australian Shares Set to Open Lower in Wake of Subdued Wall Street Session\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2025-01-09 06:37</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Australian shares are likely to open lower Thursday following a subdued session on Wall Street overnight.</p><p>Investors will keep an eye on retail sales for November 2024 scheduled for release at 11:30 am Sydney time. The consensus estimate is for a monthly increase of 1%, according to Trading Economics, versus October's 0.6% growth.</p><p>The international trade in goods data for November will be released at the same time.</p><p>Overnight, the Nasdaq Composite and the S&amp;P 500 barely made a dent, while the Dow Jones Industrial Average eked out a 0.3% increase.</p><p>In corporate news, Fortescue (ASX:FMG) signed a memorandum of understanding with China Baowu Steel Group's subsidiary to push for the decarbonization of the steel industry via a green iron metal project, the company said Wednesday on its LinkedIn account.</p><p>Rio Tinto's (ASX:RIO) planned acquisition of <a href=\"https://laohu8.com/S/ALTM\">Arcadium Lithium</a> (ASX:LTM) cleared another hurdle with the receipt of the Committee on Foreign Investment in the United States' clearance, according to a Wednesday statement from Arcadium Lithium.</p><p>Australia's benchmark index rose 0.8%, or 64 points, Wednesday to close at 8,349.10.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"XKO.AU","symbol_name":"标普/澳交所 300指数","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2502008125","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2502008125","pubTimestamp":1736375852,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Australian shares are likely to open lower Thursday following a subdued session on Wall Street overnight.Investors will keep an eye on retail sales for November 2024 scheduled for release at 11:30 am ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"XKO.AU":"标普/澳交所 300指数","FMG.AU":"FORTESCUE LTD","LTM.AU":"Arcadium Lithium plc","BK7095":"多种金属与采矿","RIO.AU":"力拓","XAO.AU":"标普/澳交所 普通股指数","XJO.AU":"标普/澳交所 200指数","BK7507":"资源股","BK7036":"特种化学制品","BK7129":"钢铁","BK7511":"ESG概念"},"translate_title":"澳大利亚证券交易所前瞻：华尔街交易低迷后澳大利亚股市开盘走低","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"XJO.AU":1,"XAO.AU":1,"RIO.AU":0.9,"XKO.AU":1,"FMG.AU":0.9,"LTM.AU":0.9},"content_text":"Australian shares are likely to open lower Thursday following a subdued session on Wall Street overnight.Investors will keep an eye on retail sales for November 2024 scheduled for release at 11:30 am Sydney time. The consensus estimate is for a monthly increase of 1%, according to Trading Economics, versus October's 0.6% growth.The international trade in goods data for November will be released at the same time.Overnight, the Nasdaq Composite and the S&P 500 barely made a dent, while the Dow Jones Industrial Average eked out a 0.3% increase.In corporate news, Fortescue (ASX:FMG) signed a memorandum of understanding with China Baowu Steel Group's subsidiary to push for the decarbonization of the steel industry via a green iron metal project, the company said Wednesday on its LinkedIn account.Rio Tinto's (ASX:RIO) planned acquisition of Arcadium Lithium (ASX:LTM) cleared another hurdle with the receipt of the Committee on Foreign Investment in the United States' clearance, according to a Wednesday statement from Arcadium Lithium.Australia's benchmark index rose 0.8%, or 64 points, Wednesday to close at 8,349.10.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}