Oil, US markets weigh on Aust stocks

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Oil, US markets weigh on Aust stocks

[AAP] - The Australian share market has opened lower following negative leads from European and US markets overnight and a further drop in oil prices. The benchmark S&P/ASX 200 index was down 0.15 per cent after the first half hour of trade, with losses in energy stocks weighing on the market. CMC Markets chief market strategist Michael McCarthy said the possibility of a Trump presidency in the forthcoming US election, combined with a drop in energy stocks and weakness in base metals were weighing on the ASX.

Oil, US markets weigh on Aust stocks - Yahoo7 Finance Australia
 
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