ASX set to fall as US stocks end mixed

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US stocks have ended mixed, with chipmaker Nvidia warning of a fall in revenue.

The Australian share market is set to fall and US stocks have ended a mixed session, with chipmaker Nvidia warning of a fall in quarterly revenue.The Dow Jones index rose 0.1pc to 32,833, the S&P 500 lost 0.12pc to 4,140, and the Nasdaq Composite fell 0.1pc to 12,644

The ASX SPI 200 index fell 0.2pc to 6,911, while the Australian dollar rose 1pc to 69.78 US cents at 7:10am Chipmaker Nvidia lost 6.3 per cent after saying that second-quarter revenue would decline 19 per cent from the previous quarter because of weakness in its gaming business.

 

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