ASX expected to decline ahead of federal budget

The Australian stock market (ASX) is expected to start the week lower. This comes just before the federal budget announcement tomorrow. Traders are anxious and watching closely as the budget could impact markets. Last week, the ASX saw good gains. However, with the upcoming budget, many are feeling cautious. In the United States, Wall Street finished the week nearly unchanged. President Donald Trump mentioned potential changes to tariffs, but it did not significantly boost stock prices. Today, financial news and updates will be watched closely. ABC's business team is ready to provide ongoing coverage. They aim to share important insights, but remind readers that these are not financial advice. Overall, today seems to be a tough start to the week for investors. The upcoming budget will be a key point of interest for many.