Australian equities are poised to open lower on Friday, tracking losses from Wall Street's technology stocks, amid the continued tariff uncertainty.
Nasdaq-listed Marvell Technology plunged nearly 20% after its quarterly results failed to impress investors. Nvidia, Tesla, and Netflix ended at least 5% lower.
In the ongoing tariff dispute, US President Donald Trump said he was pausing 25% tariffs on Mexico for a month.
The Nasdaq Composite ended 2.6% lower, the S&P 500 closed down 1.8%, and the Dow Jones Industrial Average lost 1%.
Investors will be looking forward to the monthly household spending and labor account data at 11:30 am Sydney time.
In corporate news, Westpac Banking (NZE:WBC, ASX:WBC) said Jason Yetton, chief executive of the consumer business, has resigned.
Antipa Minerals (ASX:AZY) reported Friday a fiscal first-half loss of AU$0.001 per diluted share, wider compared with a loss of AU$0.0003 a year earlier.
Australia's benchmark index fell 0.6% Thursday to close at 8,094.70.
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