Australian shares are expected to open slightly lower after Wall Street’s major technology stocks were heavily sold off, while commodity prices have continued to surge.
- The ASX 200 has risen 2.9pc since the year began
- Australia’s 10-year bond yield has jumped to 1.65pc (back to pre-COVID levels)
- The Nasdaq was dragged down by Tesla (-8.6pc), Apple (-3pc) and tech-related stocks overnight
ASX futures were down 13 points (-0.2pc) at 6,700, by 9:30am AEDT.
The Australian dollar went up (+0.6pc)…