Business news

    Dow Jones closes down 0.8%, ASX futures down ahead of market open in Sydney

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    Highlights
    • Dow Jones closes down 282.12 points (-0.8%).
    • ASX futures trading lower with ASX set to fall 34 points (-0.5%).
    • Bitcoin is trading at US$45,000.

    Aug. 18 -- The Dow Jones fell 0.79% to finish the trading day down 282 points to close at 35,343 points.

    Earlier, markets in Europe were mixed as London's FTSE finished up 0.38% while Germany's DAX finished the trading day lower.

    Asian markets are set to open lower with ASX futures down 34 points (-0.47%) ahead of the open in Sydney.

    The Australian dollar is firm against the major currencies and is buying 72.56 US cents.

    Gold is trading at US$1,788 per ounce with copper still flat at US$4.225 per pound.

    WTI Crude oil is selling for US$66.41 per barrel while Brent oil is higher at US$69.12 per barrel.

    The spot iron ore price is trading at US$159.5 per tonne and one bitcoin is worth US$44,864 going into the Asian trading day.

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