Wall St slides lower on soft inflation, Zip Co’s price target gets cut: ASX to fall
15 Sep 2021 – Global indexes closed mixed despite soft U.S. inflation data ahead of the Fed’s meeting next week. Climbing cases of Covid-19 in the U.S. & China weighed on consumer sentiment. RBA’s tune underpinned the afternoon surge on the ASX. Macquarie gave Zip Co’s (ASX:Z1P) price target a cut and their reason why.
Source: Finance News Network