The ASX200 is poised to open the week more than 25 points lower after a weaker lead from Wall Street.
The Nasdaq and S&P slipped slightly – their second straight weekly losses and the first time the NASDAQ has dipped two weeks in a row this year.
Tech giants Tesla and Meta both closed more than a per cent lower.
While the Dow Jones was the only index in the green lifting 0.3 per cent.
There was more data in from the US with the Producer Price Index for July showing a 0.8 per cent increase in final demand year on year and only a 0.3 per cent increase from June.
Back home, is a new debutant on the ASX this morning – Lithium Universe will trade under the code LU7. It’s working to develop a spodumene-producing mine in Quebec Canada.
The Aussie dollar has slipped below 65 US cents and under 60 Euro cents.
In commodities, crude oil was down around point three of a per cent to just under US$83 a barrel.
Gold is trading at just under US$1915 an ounce – while iron ore rose nearly two per cent to US$105.5 a tonne.
