Overview
Australian shares are set to drop as a rally in chipmakers faded, causing the S&P 500 and the Nasdaq to slip. The slide in tech shadowed an upbeat start to second-quarter earnings, while investors parsed fresh economic data for clues on the health of the economy.
ASX 200 futures were down 15 points or -0.2 per cent to 8784
Source: https://www.afr.com/markets/equity-markets/asx-to-drop-selloff-in-chipmakers-drags-wall-street-down-20260717-p60g1m