ASX set to edge up despite overnight Alphabet share slump

Australian markets are reportedly set to open slightly higher despite a roughly $US500 billion drop in Alphabet's shares overnight. The Australian also flags Coles' worst day on record.

Timeline

1. 29 Oct, 23:20 UTCFirst appeared on Google Trends
2. 29 Oct, 23:20 UTCABC runs live markets coverage of ASX outlook

Top sources

• asx todayGoogle Trends
• coles asxGoogle Trends
• $3.5b gone in 30 minutes: Coles struggles to fight Woolies’ comebackAFR
• Coles issues warning, share price dives 11pcNews.com.au
• Coles’ worst day on record; Reece cautious given ‘complex’ conditionsThe Australian
• Woolworths crushes Coles as profit flatlinesThe Australian