Morning Report 17 Dec 21: ASX set for a flat start as Fed taper buzz fades

US sharemarkets were weaker on Thursday. Financials, energy and materials led gains but the S&P Technology sector fell by 2.9%. At the close of trade, the Dow Jones index was lower by 30 points or 0.1%. The S&P 500 index was lower by 0.9% with the Nasdaq index down by 385 points or 2.5%.

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