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Trump vows to keep US open during second wave of Covid-19: ASX poised to open lower

22 May 2020 – Following a fall in US markets overnight, the ASX looks set to open lower this morning. Mining stocks pulled the market down yesterday after reports changes to China’s rules around inspecting iron ore could hit Australian exporters. In the US, President Donald Trump has said he will not close the country if a second wave of coronavirus infections hits. Cromwell Property Group (ASX:CMW) has settled the sale of a 50% stake in two office blocks in New South Wales.

Source: Finance News Network

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