Business news

    Dow Jones holding on to record highs, ASX futures lower ahead of the open

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    Highlights
    • Dow Jones near records on the eve of tech earnings.
    • ASX futures down 26 points.
    • Bitcoin is trading at US$33000.

    The Dow Jones fell 0.1% to finish the trading day down 23 points to close at 30,937 points as tech companies including Microsoft begin to report earnings.

    Earlier, markets in Europe had a strong session as London's FTSE rose and the DAX also gained.

    Asian markets are set to open lower with ASX futures pointing down 26 points (-0.4%).

    The Australian dollar is weaker against the major currencies and is buying 77.51 US cents.

    Gold is trading at US$1,856 per ounce with copper up 0.14% to US$3.641/pound.

    WTI Crude oil is selling for US$52.77 per barrel while Brent oil is higher at US$54.9/barrel.

    The spot iron ore price remains above US$150 per ton trading at US$169.78 and one bitcoin is worth US$32,236 going into the Asian trading day.

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