ASX to slip, Dow resets record high

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ASX to slip, Dow resets record high
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Australian shares are poised to open little changed amid a rotation in New York that bolstered the Dow and knocked the Nasdaq.

: While infections peaked in South Africa about six weeks into its omicron wave, experts say it will ‘be a while’ before the same happens in Australia.: Many of the country’s business leaders are implementing the latest data analytics and artificial intelligence software to gain an edge.US manufacturing slowed in December amid a cooling in demand for goods, but supply constraints are starting to ease and a measure of prices paid for inputs by factories fell by the most in a decade.

A US jury found Theranos founder Elizabeth Holmes guilty of defrauding investors in the blood testing startup, convicting her on four of 11 counts. A sentencing date was not immediately set.is pulling the plug on service for its once ubiquitous business smartphones, which were toted by executives, politicians and legions of fans in the early 2000s.

Citigroup said it was overweight on European banks, citing potential interest rate hikes, profit growth, and capital returns. The brokerage ranked BNP Paribas, Lloyds and UBS as its top picks. The blue-chip CSI300 index fell 0.5 per cent, to 4917.77, while the Shanghai Composite Index lost 0.2 per cent to 3632.33 points.

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