Breakfast Briefing - Tuesday 5 Oct

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The rollercoaster ride continued overnight with US markets weaker. The Nasdaq was the worst, down more than 2% as tech stocks tank: Facebook in focus, down 5% on an outage and whistleblower issues.

  • ASX SPI Futures down 68 points.
  • RBA Meeting today.
  • US tech stocks under pressure as Facebook falls on outages.
  • Energy stocks in focus as Brent Crude hits US$81.26.
  • Gold higher. Iron ore quiet with China closed.

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