ASX set to open higher even as Big Tech losses pull Wall Street lower

The prospect of higher borrowing costs for longer weighed on discretionary retailers, sending Officeworks and Bunnings owner Wesfarmers down 1 per cent, while electronics chain JB Hi-Fi lost 1.1 per cent. More defensive stocks such as supermarket owners Woolworths (up 0.3 per cent), Coles (up…


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