US markets are in the “doldrums”, according to CommSec’s Tom Piotrowski.
“They’ve had a week of volatility,” Mr Piotrowski told Sky News Australia.
“With stronger economic news suggesting the prospect of any rate cuts are going to get pushed out as far the time horizon is concerned.
“The S&P500 is just in negative territory, the NASDAQ down by 0.25 per cent.”
Presented by CommSec.