ASX to drop, lithium miners in focus

News Snapshot:

Pinned post – 7.27AM Australian shares are poised to drop, tracking losses in New York where the latest US data bolstered a view that the Federal Reserve should not pivot to rate cuts too fast. Tesla tumbled another 4 per cent, Nvidia also fell. Microsoft reset its record high. Canva’s rival Adobe also reported its sales growth slowed to 11 per cent over the quarter to March 1 and well below Canva’s claim that it’s growing sales at 60 per cent. US Treasury yields surged after a report showed that producer prices increased 0.6 per cent in February; economists had...