Australian shares are set to open modestly lower after the US Federal Reserve cut its key rate by a quarter of one percentage point and signalled more monetary easing is on the agenda before the end of the year to combat labour market risks.
Futures indicate the S&P/ASX 200 Index is set to fall 15 points or 0.2 per cent to 8839. That’s after major US indices swung in choppy trading, briefly surging immediately after the Fed’s latest policy decision and revised economic projections were released. Markets settled into the close to end the session mostly in line with where they were before the two releases.
Source: https://www.afr.com/markets/equity-markets/asx-to-fall-dow-rallies-s-and-p-500-flat-20250918-p5mvyr