Australian shares are expected to open lower on Monday, with futures pointing to a 0.4 per cent drop for the S&P/ASX 200, trimming some of last week’s 2.1 per cent gain – the local market’s strongest weekly performance since May.
Wall Street ended mixed on Friday as earnings results disappointed and concerns grew over Donald Trump’s push for new tariffs on European goods. The Dow fell 142 points, while the S&P 500 was flat and the Nasdaq edged higher.
Source: https://www.afr.com/markets/equity-markets/asx-futures-down-after-record-week-20250721-p5mget