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ASX set to end week down; Wall St and oil prices stumble; Volkswagen soars – ABC News

Wall Street ends sharply lower on Thursday, hit by rising interest rates on US government bonds and fresh worries about the coronavirus pandemic in Europe.

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The Australian share market is set to end the week lower, as international concerns about a resurgence of COVID have become a dampener on global markets.
Market snapshot at 7:30am AEDT:

  • ASX 200 futures -0.6 per cent; ASX 200 closed -1pc at 6,746
  • AUD: 77.62 US cents, 55.71 British pence, 65.13 Euro cents, 84.53 Japanese yen, $NZ1.08
  • US: Dow Jones -0.5pc at 32,862, S&P 500 -1.5pc at 3,915, Nasdaq -3pc at 13,116
  • Europe: FTSE 100 +0.3pc at 6,780, DAX +1.2pc at 14,776, Euro Stoxx 50 +0.6pc at 3,872
  • Commodities:…

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