Good morning, TGIF, and welcome to Markets Live! Your editor today is Alex Druce.

SPI futures appear a little counter-intuitive this morning, with an early rise tipped for the local market even after heavy losses on Wall Street overnight.

Tech stocks took a beating. Apple was down 1.6 per cent, Microsoft 1 per cent, Amazon 2.3 per cent, Google parent Alphabet 1.7 per cent and Facebook 3.3 per cent. Telsa dropped 4.2 per cent.

This blog is not intended as financial advice

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