Get all your news in one place.
100's of premium titles.
One app.
Start reading
ABC News
ABC News
Business
business reporters Daniel Ziffer and David Chau

ASX follows Wall Street lower, United States threatens to hit debt ceiling soon

The Australian share market has ended its day slightly lower, weighed down by financial and energy stocks, as both sides of US politics fail to resolve their debt ceiling stand-off.

Cautious investors are also awaiting key US inflation figures that could influence whether the US Federal Reserve lifts or cuts interest rates later this year.

Disclaimer: this blog is not intended as investment advice.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.