XJO - Bear Posts only (Factors which might cause the markets to fall), page-12212

Bwaa ha ha poor old bulls just starting to peek out from behind their blinkeres, waking up to what the bears have known all along. "Higher for longer"

ASX to tumble on global rates reset
ASX 200 poised to drop near 100 points at open

Timothy Moore

Australian shares were set to fall sharply at the open as policymakers at the Bank of England made clear that they too will be in no rush to pivot to rate cuts next year, echoing Federal Reserve chairman Jerome Powell.
ASX futures were down 97 points or 1.4% to 7013 near 7.30am AEST.

• On Wall St: Dow -1.1% S&P -1.6% Nasdaq -1.8%
• In New York: BHP -3.1% Rio -2.7% Atlassian -5.4%
• Tesla -2.6% Apple -0.9% Amazon -4.4% NYSE Fang -2.4%
• Nvidia -2.9% Alphabet -2.4% Arm Holdings -1.4%