ASX set to open lower as Wall Street falls despite Yellen, Powell optimism

Optimism about the economic recovery by Federal Reserve chair Jerome Powell and Treasury Secretary Janet Yellen was unable to halt a decline in technology shares for a second-straight day.

ASX set to slide at open; tax worries hover over Wall Street

Investors are turning their attention to prospects that higher taxes could threaten the rally in US stocks as President Joe Biden’s administration moves forward with its agenda and seeks ways […]