Australia shares slip as U.S. inflation fears weigh; energy, banking stocks fall most

Home > Business
By Tarikul in Business
Updated 3 years ago

May 12 (Reuters) - Australian shares inched lower on Wednesday, with most losses in energy stocks and major banks, tracking an overnight Wall Street sell-off as worries about rising inflation in the United States weighed on risk sentiment. The S&P/ASX 200 slipped 0.09% to 7,090.9 by 0025 GMT. Wall Street...

australia-shares-slip-as-u-s-inflation-fears-weigh-energy-banking-stocks-fall-most