ASX set to slide; Wall Street mixed, French markets rise

ASX set to slide; Wall Street mixed, French markets rise US stocks drifted to a mixed finish, and yields jumped in the bond market as elections continue to drive swings in financial markets worldwide. The S&P 500 rose 0.3 per cent to kick off a shortened, four-day week that includes the Fourth of July holiday. The Dow Jones edged up by 0.1 per cent, and the Nasdaq composite gained 0.8 per cent. The Australian sharemarket is set to retreat, with …