[(Title)] Wall Street sinks on IMF's trade war concerns; Australian dollar rebounds to US71c.

Australian shares are expected to fall in early trade, continuing their downward trajectory from the last two days.

预计澳大利亚股市早盘将下跌，从过去两天持续下跌。

Meanwhile, the Australian dollar has rebounded to just above 71 US cents.

与此同时，澳元兑美元反弹至0.71美元以上。

Currency strategists had been expecting the local currency to continue falling towards the 70 US cents mark.

货币策略师一直预期澳元将继续跌至0.7美元大关。

It was another negative session on Wall Street as investors, worried about global growth prospects, fled from materials and industrial stocks.

由于投资者对全球增长前景感到担忧，想从原材料和工业库存中逃离，华尔街再次陷入低迷。

The International Monetary Fund cut global economic growth forecasts for 2018 and 2019 due to the impact of the trade war between Beijing and Washington.

由于北京和华盛顿贸易战争的影响，国际货币基金组织(IMF)下调了2018和2019年全球经济增长预测。

The IMF also downgraded its growth estimates for the US and China, saying the two countries would feel the brunt of their trade war next year.

IMF还下调了对美国和中国的经济增长预期，称两国将在明年感受到两国贸易战带来的冲击。

US President Donald Trump repeated a threat to impose tariffs on $US267 billion worth of additional Chinese imports if Beijing retaliates for the recent levies imposed by his administration.

美国总统特朗普再次威胁说，如果北京对其政府最近征收的税收进行报复，将对价值2,670亿美元的中国进口产品征收关税。

Furthermore, interest rates for American 10-year bonds reached their highest level in seven years, triggering a sell-off in global markets over the past week. But they fell slightly to 3.21 per cent overnight, which kept US share market losses in check.

此外，美国10年期国债的利率达到七年来的最高水平，引发过去一周全球市场的抛售。 但它们在一夜之间小幅下跌至3.21％，这使得美国股市受到抑制。

The industrial-skewed Dow Jones index closed 0.2 per cent lower at 26,431 — after a volatile trading session, swinging between positive and negative territory.

在经历了一场波动性的交易会议之后，道琼斯指数收盘下跌0.2%，收于26431点。

The benchmark S&P 500 lost 0.1 per cent to 2,880, marking its fourth straight day of losses.

标准普尔500指数(S&P500)下跌0.1%，收于2,880点，标志着连续第四天亏损。

However, the Nasdaq closed slightly higher, though still practically flat, at 7,738.

然而，纳斯达克指数收盘小幅走高，但仍然几乎持平，为7,738点。

The technology-heavy index was kept afloat by a rebound in technology stocks, particularly Facebook (+0.4pc), Amazon (+0.3pc), Netflix (+1.9pc) and Apple (+1.4pc).

科技股反弹使科技股持续增长，尤其是Facebook(+0.4pc)、亚马逊(+0.3pc)、Netflix(+1.9pc)和苹果(+1.4pc)。