{
  "id": 8770934,
  "title": "Live: ASX set to slide despite Wall Street edging up and lower oil prices",
  "url": "https://urgent.news/2026/09/20/live-asx-set-to-slide-despite-wall-street-edging-up-and-lower-oil",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-20T21:08:52.000Z",
  "source": {
    "name": "ABC News AU",
    "slug": "abc-news-au",
    "url": "https://www.abc.net.au/news/2026-09-21/asx-markets-business-live-news/107174464"
  },
  "original_language": "en",
  "account": "As the financial markets grappled with the aftermath of Wall Street's mixed performance and declining oil prices, the Australian Securities Exchange (ASX) appeared poised for a decline despite a robust showing from its counterparts on the other side of the globe. The S&P 500 edged upwards on Friday, capitalizing on a rally in semiconductor stocks and a marginal increase in the tech sector. However, when the broader, industrially-oriented Dow Jones Industrial Average closed down by 0.2%, it painted a picture of a relatively unremarkable trading session.\n\nMeanwhile, European markets had an eventful end to their trading week, with Germany's DAX dropping 1.6%, the UK's FTSE falling 1.5%, and the Eurostoxx 600 index closing 1.2% lower. With the ASX likely to open on a bearish note on Monday, futures markets were predicting a decline of approximately 0.7% for the ASX 200 index when the trading day commenced.\n\nAnalysts and market observers alike expressed cautious optimism, mulling over the potential long-term implications of the Federal Reserve's rate hike, as well as the broader economic factors at play. Inflation concerns, driven by crude oil prices hovering above $100 per barrel, did ease somewhat due to the agreement between China and Iran to curb Houthi attacks on Saudi oil infrastructure. However, the lingering threat of inflationary pressures, coupled with a potential shift in the Fed's policy direction, kept investors on edge.\n\nAs the markets digested the latest developments and analyzed the data, it became clear that the coming week would be one of considerable volatility and uncertainty. The ASX, in particular, seemed set to experience a challenging trading session, as market participants sought to navigate the complex landscape of global economic forces.",
  "summary": "While Wall Street closed the volatile week with a small gain, the ASX looks like it will come under selling pressure again today. Follow the day's events and insights from our business reporters on the ABC News live markets blog.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Investing.com",
        "title": "DAX stalls at 25,697 below key resistance wall: Live levels",
        "url": "https://urgent.news/2026/09/21/dax-stalls-at-25-697-below-key-resistance-wall-live-levels",
        "published": "2026-09-21T08:06:46.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}