Streaming giant Netflix takes a hit after another broker downgrade, while choppy trade on Wall Street provides little clear lead for the Australian share market.
The Australian share market is lacking a clear lead from overseas markets, with European markets lower for a second day and a choppy session on Wall Street.AUD: 68.12 US cents, 51.68 British pence, 61.38 Euro cents, 74.06 Japanese yen, $NZ1.04Europe: FTSE 100 -0.3pc at 7,213, DAX -0.3pc at 13,070, CAC +0.2pc at 5,848, Euro Stoxx 50 -0.1pc at 3,322In afternoon trade, the Dow Jones index and the S&P 500 were largely flat, moving between positive and negative territory, before closing 0.
"I think that both sides are going to find a way to delay the imposition of new tariffs," National Securities chief market strategist Art Hogan told Reuters. Locally, SPI 200 futures struggled for direction along with Wall Street, indicating a fairly flat start to the session could be in store for the ASX.
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