Wall Street, iron ore and copper slip: Aus shares to slide at open
06 Dec 2017 – Market Outlook in 3 mins: Australian share market braces for selling at the open, after Wall Street closed lower, the iron ore price fell over 1 per cent, while the copper price slid over 4.4 per cent. US service sector activity fell more than expected. Economic growth (GPD) expected to grow 2.8 per cent over year. Tegel Group Holdings (ASX:TGH) reported its Net Profit After Tax (NPAT) fell 2.3 per cent to $14.8 million on the back of pricing challenges. Click video for more.
Source: Finance News Network