Overview
- Futures point to a roughly 0.2% lower open for the S&P/ASX 200, extending recent losses after a tech-led retreat.
- Friday’s sell-off erased about $37 billion from the Australian market and pushed the benchmark to its weakest level since mid‑July.
- US statistical agencies plan to publish data delayed by the shutdown, with September employment figures scheduled for November 20.
- Nvidia’s midweek report is seen as a key gauge for AI-driven earnings expectations, with some strategists warning of sharp punishment if results miss but possible quick dip‑buying support.
- Market pricing now sees about a 50:50 chance of a December Fed rate cut, leaving Wall Street mixed on Friday and keeping volatility elevated.