Market set to fall after record run on Wall Street, live updates through the day.

Follow the day's financial news and insights from our specialist business reporters on our live blog.If you're catching up on the big news that kicked off the week, Qantas is facing a multi-million-dollar compensation bill after it illegally sacked hundreds of workers during the COVID-19 pandemic, with the Federal Court ordering three former employees will receive a share of $170,000.

Last year, the High Court ruled that the airline broke the law when it stood down 1,700 ground crew members in August 2020, after Qantas appealed two previous Federal Court verdicts. At the Federal Court in Sydney on Monday, Justice Michael Lee ruled that Qantas would be required to pay varying degrees of compensation based on three "test cases".Daniel Ziffer from the ABC business unit with our week-daily blog covering markets, business, finance and economics news.

The ASX 200 looks set to slide, based on the futures market. It's tipped to fall -68-points or -0.8% to 8,308-points.The blue-chip Dow Jones is -0.8% to 42,931-points. The broader S&P 500 is at -0.2% to 5,854-points while the tech-heavy Nasdaq lifted +0.3% to 18,540-points.

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Australian Market Poised For Gains After Wall Street Record HighsThe Australian share market is anticipated to open higher following record highs achieved by Wall Street overnight. Domestically, the release of the monthly consumer price index later today will be closely scrutinized after the Reserve Bank of Australia's decision to maintain interest rates. Meanwhile, Macquarie Bank has faced a record fine of $4.9 million for failing to prevent suspicious orders on the electricity futures market.
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Australia Share Market Poised for Gains as Wall Street Reaches Record HighsThe Australian share market is anticipated to open higher today, fueled by the record highs achieved by Wall Street overnight. Investors will be closely monitoring the monthly consumer price index release later this morning, following the Reserve Bank of Australia's decision to maintain interest rates.
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