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On Wall Street, both the Dow Jones and S&P500 closed lower for the third straight session. The Nasdaq also fell 0.6% as tech shares like Facebook, Apple, Netflix, and Alphabet, all closed lower.
US investors will be watching the latest weekly jobless claims data, set to be released Thursday morning, which will give a greater look at the employment picture.
Following a negative session overnight in the US, the Aussie share market is set to follow suite, with a fall of 0.47% if you go by the futures.
What to watch today:
Trading ideas: