Gold soars, ASX falls on quiet day of trading

Gold soars, ASX falls on quiet day of trading

Australian shares have dropped for a third consecutive day as investors await crucial GDP data that could determine future interest rate cuts.

ASX Market Open: Deeper red for Week 36 as US gets started a day late

Wall Street got started on its Week 36 trading after a Labour Day-sized pause, and it’s immediately impacted Australian shares: ASX 200 futures are pointing to a -0.32% loss at open, extending what’s been a red week. Listen to the HotCopper podcast for in-depth discussions and insights on all the biggest headlines from throughout the week. On Spotify, Apple, and more. Big tech was one of the post-Labour Day victims, with Nvidia, Amazon, and Appl…