News Snapshot:
Pinned post – 7.30AM Australian shares are poised to fall, with futures finally reversing earlier gains, amid intense selling in New York where the tech sector in particular was caught in a wave of profit taking. ASX futures were down 12 points or 0.2 per cent to 7688 near 7am AEDT. The Nasdaq Composite briefly shed more than 2 per cent with both the S & P 500 and Dow Jones each down more than 1 per cent. In commodities, gold rose as much as 1.3 per cent to $US2141.79 an ounce, before paring its gains. Oil slid below $US82...
