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ABC News
ABC News
Business
business reporter Samuel Yang and wires

Tech, financials drag ASX lower; global equities fall despite positive US economic data

United States Michael Ashley Schulman
The benchmark index is set to slide. (AAP: Peter Rae)

Australian shares, in tandem with global markets, have edged lower, dragged by losses in technology and banking stocks as investors remain wary of potential rate hikes by the US Federal Reserve.

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