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ASX to slide; Tech shines in mixed US trade; Iron ore slips

Summary

  • ASX futures are down 18 points, or 0.3%, and point to early losses for the local benchmark 
  • Wall Street was mixed overnight, with the Dow falling 0.6% and the S&P 500 dropping 0.3%. The Nasdaq climbed 0.5% with gains for Microsoft, Amazon and Tesla 
  • Iron ore prices slipped from more than nine-year highs overnight. The bulk metal shed 3.6% to $US154.37 a tonne
  • Investors will be given an insight to the thinking of the Reserve Bank board when it releases minutes from its December policy meeting at 11.30am AEDT

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