Live: Higher interest rate worries weigh on US stocks, with Australian share market muted

Wall Street has suffered losses overnight, as worries that interest rates will stay higher for longer weigh on investors. Australian shares might follow with muted trade. Follow the day’s events and insights as they happen with our business reporters on the ABC News live markets blog.  Wall Street has suffered losses overnight, as worries that interest rates will stay higher for longer weigh on investors. Australian shares might follow with muted trade. Follow the day’s events and insights as they happen with our business reporters on the ABC News live markets blog.  Banking, Currency, Financial Markets, Monetary Policy, Retail Industry, Stock Market, Tax, Business, Economics and Finance, Economic Trends and Indicators, Company News, Cryptocurrency Latest business news