ABC News – Top stories ·australia ·2 hours ago

ASX to open down as new Fed chair leaves rates on hold

The Australian Securities Exchange is set to open lower after the U.S. Federal Reserve decided to keep interest rates on hold during its first meeting led by new chair Kevin Warsh. The Dow Jones fell by 0.98% to 51,492.55, reflecting market uncertainty following the Fed's decision. SpaceX shares dropped by 5%, marking its first decline as a public company.

Summary by OZbrief · ABC News – Top stories

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