S&P/ASX 200 (INDEXASX:XJO) (ASX:XJO) opened at 6,232 but has trended lower through the morning session, crossing below the 6,200 mark.
The other members of the WAAAX group of ASX tech stocks (Wisetech, Altium, Appen and Xero) are not fairing so well, all down 2-4%.
— CommSec (@CommSec) April 5, 2019 Premarket: S&P/ASX 200 set to open flat as US markets don’t offer a lead
ASX 200 futures are not giving any hints in pre-market as to how this morning’s trading might open.
There are no major companies paying dividends or economic data points being released today and Chinese banks will be closed today in observance of Tomb Sweeping Day.
The S&P 500 Index (INDEXSP:.INX) closed up 5.99, +0.21% to 2,879.39 and the Nasdaq Composite (INDEXNASDAQ: .IXIC) closed down 3.77 -0.048% to 7,891.78.
The AUDUSD is unchanged over the past 24 hours at 0.7112.
Gold was up slightly to US$1,296 per ounce while WTI Crude Oil was down 0.43% to US$62.19 per barrel.
It was another day of gains on Wall Street as the S&P 500 posted its first 6-day winning streak in over a year. The Dow was boosted 160 points thanks to big components like Boeing. https://t.co/uUJ2E5vNwd pic.twitter.com/oEQzWhF7cZ
— CNBC (@CNBC) April 4, 2019 Tesla shares down 8.2%
Shares in electric car maker Tesla Inc (NASDAQ:TLSA) fell 8.23% or $24.03 to $267.78 after it reported worse-than-expected deliveries for the March quarter.
Tesla revealed it had delivered 63,000 cars during the March quarter which was well below analyst expectations of 76,000.