ASX Set for Another Turbulent Day Amid Market Volatility
The ASX 200 is set for another tough day after falling by about 1% last week and roughly 4% over the past four weeks.
Despite this, Wall Street had a surprisingly calm Friday, with the Dow slipping 0.18%, the S&P 500 gaining 0.17%, and the Nasdaq adding 0.39%.
The US 10-year Treasury yield hit 5%, but Brent oil prices remained steady at around $103.
Bitcoin pushed above $81,000, while Warren Buffett stepped down as Berkshire Hathaway chairman after six decades, with his son Howard set to take over.