Original article by Sarah Turner
The Australian Financial Review – Page: 22 : 27-Aug-18
Futures pricing suggests that the Australian sharemarket will drift lower when trading resumes on 27 August. The leadership crisis in Canberra weighed on investors in the previous week, with the S&P/ASX 200 shedding 1.5 per cent. However, US markets posted solid gains for the week, with the S&P 500 officially recording its longest bull run on record.
STANDARD AND POOR’S ASX 200 INDEX, STANDARD AND POOR’S 500 INDEX, DOW JONES INDUSTRIAL AVERAGE INDEX, NASDAQ COMPOSITE INDEX, UNITED STATES. FEDERAL RESERVE BOARD, NATIONAL AUSTRALIA BANK LIMITED – ASX NAB, PEOPLE’S BANK OF CHINA, CITIGROUP PTY LTD, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET