The tech-heavy Nasdaq fell as investors sold chip stocks on worries about massive spending on artificial intelligence ahead of the next batch of megacap earnings reports, while falling oil prices provided Wall Street with some support even as Middle East hostilities continued.
Planning authorities have unanimously approved a $240 million plan to convert the CBD’s St Martins Centre into a 240-room hotel, with office and retail space.
The Metro Inner Development Assessment Panel met on Wednesday morning to decide the fate of St Martins Properties’ plan for the asset at 40-50 St Georges Terrace.
