Overview
Australian shares are set to open lower despite US shares rallying on expectations that the Federal Reserve will cut interest rates at its policy meeting next week.
Nvidia and Microsoft paced the tech sector higher in New York. Amazon and Meta Platforms also started Wall Street’s week on a positive note. Broadcom rallied another 3.2 per cent, extending its five-day advance to 20 per cent.
Source: https://www.afr.com/markets/equity-markets/asx-to-fall-wall-street-lifted-by-tech-sector-20250909-p5mtgk