US Stocks Hit Record as PPI Cools to 4.7%; ASX Futures Fall 39 Pts
Wall Street closed at a record high on 13 August after US wholesale inflation cooled to 4.7% year-on-year, slashing September Fed hike odds to 35%. Australian futures pointed to a 39-point drop at Friday's open, with the AUD steady at US70.53¢.
Source: theage.com.au · smh.com.au