ASX tipped to slide; $A dips to two-week low

Summary

• Wall Street's major indices finished lower again amid a rise in weekly jobless claims, surging virus numbers, and fading hopes more fiscal aid will be delivered before the US election
• SPI futures are down 0.2% and suggest the ASX 200 will retreat from its seven-month high on Friday
• The Aussie dollar fell to a two-week low US70.56 cents overnight. It was worth US70.92 cents by 8.30am AEDT
• Victoria has reported just two new coronavirus cases and zero deaths. The rolling 14 day average is down in metro Melbourne and stable in regional Victoria