ASX Preview: Australian Shares Set for Lower Open After Wall Street Sell-Off

MT Newswires Live

Mar 04, 2025

Australian equities are poised to open lower on Tuesday, following a sell-off in Wall Street amid the ongoing tariff dispute.

The markets remain concerned about a potential full-fledged global trade war as US President Donald Trump said the 25% tariffs on Canada and Mexico are set to go forward on Tuesday.

The Nasdaq Composite slid 2.6%, the S&P 500 closed down 1.7%, and the Dow Jones Industrial Average lost 1.4%.

Investors will be looking forward to retail sales data and international investment data at 11:30 am Sydney time.

In corporate news, the Western Mine Workers Alliance is urging workers at Rio Tinto's (ASX:RIO) Paraburdoo operations to support the commencement of collective bargaining with the company.

WiseTech (ASX:WTC) agreed to acquire Opentecnologia for an undisclosed amount.

Australia's benchmark index rose almost 1% Monday to close at 8,245.70.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2516664703"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2516664703\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2516664703?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-03-04 06:38","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2516664703","market":"sg","top_or_hot":-1,"title":"ASX Preview: Australian Shares Set for Lower Open After Wall Street Sell-Off","media":"MT Newswires Live","content":"<html><body><p> Australian equities are poised to open lower on Tuesday, following a sell-off in Wall Street amid the ongoing tariff dispute.</p><p>The markets remain concerned about a potential full-fledged global trade war as US President Donald Trump said the 25% tariffs on Canada and Mexico are set to go forward on Tuesday.</p><p>The Nasdaq Composite slid 2.6%, the S&amp;P 500 closed down 1.7%, and the Dow Jones Industrial Average lost 1.4%.</p><p>Investors will be looking forward to retail sales data and international investment data at 11:30 am Sydney time.</p><p>In corporate news, the Western Mine Workers Alliance is urging workers at Rio Tinto's (ASX:RIO) Paraburdoo operations to support the commencement of collective bargaining with the company.</p><p>WiseTech (ASX:WTC) agreed to acquire Opentecnologia for an undisclosed amount.</p><p>Australia's benchmark index rose almost 1% Monday to close at 8,245.70.</p></body></html>","source":"mtnewswires_news","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>ASX Preview: Australian Shares Set for Lower Open After Wall Street Sell-Off</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\">\nASX Preview: Australian Shares Set for Lower Open After Wall Street Sell-Off\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2025-03-04 06:38</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Australian equities are poised to open lower on Tuesday, following a sell-off in Wall Street amid the ongoing tariff dispute.</p><p>The markets remain concerned about a potential full-fledged global trade war as US President Donald Trump said the 25% tariffs on Canada and Mexico are set to go forward on Tuesday.</p><p>The Nasdaq Composite slid 2.6%, the S&amp;P 500 closed down 1.7%, and the Dow Jones Industrial Average lost 1.4%.</p><p>Investors will be looking forward to retail sales data and international investment data at 11:30 am Sydney time.</p><p>In corporate news, the Western Mine Workers Alliance is urging workers at Rio Tinto's (ASX:RIO) Paraburdoo operations to support the commencement of collective bargaining with the company.</p><p>WiseTech (ASX:WTC) agreed to acquire Opentecnologia for an undisclosed amount.</p><p>Australia's benchmark index rose almost 1% Monday to close at 8,245.70.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"XJO.AU","symbol_name":"标普/澳交所 200指数","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2516664703","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2516664703","pubTimestamp":1741041539,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Australian equities are poised to open lower on Tuesday, following a sell-off in Wall Street amid the ongoing tariff dispute.The markets remain concerned about a potential full-fledged global trade war as US President Donald Trump said the 25% tariffs on Canada and Mexico are set to go forward on Tuesday.The Nasdaq Composite slid 2.6%, the S&P 500 closed down 1.7%, and the Dow Jones Industrial Average lost 1.4%.Investors will be looking forward to retail sales data and international investment data at 11:30 am Sydney time.In corporate news, the Western Mine Workers Alliance is urging workers at Rio Tinto's  Paraburdoo operations to support the commencement of collective bargaining with the company.WiseTech  agreed to acquire Opentecnologia for an undisclosed amount.Australia's benchmark index rose almost 1% Monday to close at 8,245.70.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"XJO.AU":"标普/澳交所 200指数","BK7507":"资源股","WTC.AU":"WISETECH GLOBAL LTD","BK7095":"多种金属与采矿","BK7511":"ESG概念","BK7016":"应用软件","BK7503":"科技股","XAO.AU":"标普/澳交所 普通股指数","RIO.AU":"力拓","XKO.AU":"标普/澳交所 300指数"},"translate_title":"澳大利亚证券交易所预览：华尔街抛售后澳大利亚股市将低开","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"XKO.AU":1,"XJO.AU":1,"RIO.AU":0.9,"WTC.AU":0.9,"XAO.AU":1},"content_text":"Australian equities are poised to open lower on Tuesday, following a sell-off in Wall Street amid the ongoing tariff dispute.The markets remain concerned about a potential full-fledged global trade war as US President Donald Trump said the 25% tariffs on Canada and Mexico are set to go forward on Tuesday.The Nasdaq Composite slid 2.6%, the S&P 500 closed down 1.7%, and the Dow Jones Industrial Average lost 1.4%.Investors will be looking forward to retail sales data and international investment data at 11:30 am Sydney time.In corporate news, the Western Mine Workers Alliance is urging workers at Rio Tinto's (ASX:RIO) Paraburdoo operations to support the commencement of collective bargaining with the company.WiseTech (ASX:WTC) agreed to acquire Opentecnologia for an undisclosed amount.Australia's benchmark index rose almost 1% Monday to close at 8,245.70.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}