Trends-AU

ASX to extend decline as Nvidia results test tech valuations

Investors are bracing for heightened volatility this week as the US resumes regular economic data releases following the government shutdown and the world’s largest company Nvidia hands down a critical earnings report.

Futures indicate the S&P/ASX 200 will open 0.2 per cent lower on Monday, extending Friday’s sell-off that wiped $37 billion off the market’s value and dragged the benchmark to its lowest level since mid-July.

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