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ASX 200 slips into the red after a positive start. Here's why

1 min read Rewritten in plain language

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  • The S&P/ASX 200 Index looked like it was heading for a decent Friday after a strong lead from Wall Street.
  • Wall Street finished higher overnight, with the S&P 500 Index gaining 1.14% and the Nasdaq Composite Index jumping 1.69%.
  • The US 10-year Treasury yield dropped back below 5% to around 4.93%.
  • Commonwealth Bank of Australia shares are down 1.16% to $152.23, while National Australia Bank Ltd is 1.10% lower at $38.79.

4 sentences from our version of the report, chosen to cover it. Nothing here is written; every line is in the article below. How

The S&P/ASX 200 Index looked like it was heading for a decent Friday after a strong lead from Wall Street.

The report’s most important sentence, shortened and in plain words. How

Headline check

The one thing this headline claims is in the report.

Figures, names and quoted words in the headline, looked for in the report itself — not in the summary above. One claim in this headline could be checked, so this is a narrow pass and not a thorough one. How this is checked

The S&P/ASX 200 Index looked like it was heading for a decent Friday after a strong lead from Wall Street.

Those early gains have now disappeared.

The ASX 200 is down 0.09% to 8,725 points in early afternoon trade, after reaching 8,771 earlier in the session.

Wall Street finished higher overnight, with the S&P 500 Index gaining 1.14% and the Nasdaq Composite Index jumping 1.69%.

The Dow Jones Industrial Average Index also climbed 0.61%.

Oil prices moved lower as well, with Brent falling 1.6% to US$103.92 a barrel for its second straight decline.

The US 10-year Treasury yield dropped back below 5% to around 4.93%.

Markets are now pricing a 93% chance of another 25-basis-point hike at the RBA's 29 September meeting.

Commonwealth Bank of Australia shares are down 1.16% to $152.23, while National Australia Bank Ltd is 1.10% lower at $38.79.

Westpac Banking Corp has fallen 0.89% to $34.52, and ANZ Group Holdings Ltd is down 0.50% to $37.59.

Shortened to 1 minute of reading, this version reads 12.1 on the Niral Score.

You are reading our version, not theirs. This is The Motley Fool Australia's report shortened to its most important sentences, in plainer words, with verdicts and loaded words taken out. Plain description stays, and so do adjectives that carry a fact, such as "former" or "federal". The reporting, the facts and the quotations are theirs — quotations are never edited — and the indicators beside it measure this version. Hover or tap Adjectives to see every one left in the text.

How this outlet filed it, and how we rewrote it

No other newsroom we read has filed on this event, so there is nothing to compare it with yet.

Outlet Niral ScoreAdjectivesSentimentHappiness
The Motley Fool Australiaas they published this story 16.4 14 -0.1 48.7
Mundane Readneutralized from The Motley Fool Australia 13 12 -0.1 48.7

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