Live: Wall Street in the red as investors await central bank rate hikes, ASX set to open flat

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Wall Street is lower as tech stocks slump ahead of meetings this week by major central banks. Follow the day's events and insights from our business reporters on the ABC News live markets blog.

Good morning, welcome to the ABC's Markets Blog.Wall Street in in the red as investors await more profit results and the Federal Reserve's expected interest rate rise this week.

The Dow Jones index is down 0.6 per cent and oil prices slumped with Brent crude losing 2 per cent of its value. The Australian dollar has lost ground overnight as well and has fallen 0.7 per cent to 70.55 US cent.

 

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Adani reported to have long history in India of bribery, corruption, environmental damage.. Very unpopular in Australia with the Greens

Whats the point of these? They are so out of date. Between then and now, a gazillion things have happened in the market. I pitty anyone who trades using this news. They'd be broke.

bobos get the rope! we're goin' up this is gonna moon haaaard...

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