Market Open: US labour news to drag ASX200 down

The Market Herald05-01

US labour costs were up 1.2 per cent last quarter and so the ASX200 is set to head down, but almost as much. Futures suggesting by around 1.1 per cent. The Employment Cost Index result saw US markets ...

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Futures suggesting by around 1.1 per cent.\nThe Employment Cost Index result saw US markets ...</p>\n\n<a href=\"https://themarketonline.com.au/market-open-us-labour-news-to-drag-asx200-down-2024-05-01/\">Source Link</a>\n\n</div>\n","source":"markerherald_stock","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Market Open: US labour news to drag ASX200 down</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMarket Open: US labour news to drag ASX200 down\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-05-01 07:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://themarketonline.com.au/market-open-us-labour-news-to-drag-asx200-down-2024-05-01/><strong>The Market Herald</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>US labour costs were up 1.2 per cent last quarter and so the ASX200 is set to head down, but almost as much. Futures suggesting by around 1.1 per cent.\nThe Employment Cost Index result saw US markets ...</p>\n\n<a href=\"https://themarketonline.com.au/market-open-us-labour-news-to-drag-asx200-down-2024-05-01/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7040","symbol_name":"食品零售","start_time":0,"source_url":"https://themarketonline.com.au/market-open-us-labour-news-to-drag-asx200-down-2024-05-01/","article_id":"2432559237","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2432559237","pubTimestamp":1714519200,"sourceInfo":{"source_id":"markerherald_stock","name":"The Market Herald"},"weMediaInfo":null,"summary":"US labour costs were up 1.2 per cent last quarter and so the ASX200 is set to head down, but almost as much. 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Futures suggesting by around 1.1 per cent.\nThe Employment Cost Index result saw US markets tumble as the news cemented concerns inflation’s not going anywhere soon.\nThe S&P 500’s dropped 1.78%; the Dow Jones shed 1.5% and the Nasdaq fell more than 2%.\nBack home, the ABS will release international investment data later this morning, as well as living cost indexes.\nIn stocks to watch, Woolworths Group (ASX:WOW) will rake in $468 million in a deal to sell a 5 per cent stake in retail drinks network, Endeavour Group (ASX:EDV). The agreement equates to a share price of $5. Woolworths will retail 4.1 per cent of Endeavour after the sale. Woolworths is promising to return capital to shareholders.\nLifting solutions company, Boom Logistics (ASX:BOL) has secured a 5-year, $60 million contract with Newmont Corporation (ASX:NEM) at the Boddington Gold operation in WA; and Lithium Energy (ASX:LEL) will sell 90% of the Solaroz Lithium Brine Project in Argentina to Chinese company CNGR for $97 million cash. 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