Australian stocks to rise after fresh highs on Wall Street
6 Articles
6 Articles
Australian stocks to rise after fresh highs on Wall Street
ASX futures point higher as the S&P 500 posts a record close. Local jobs and unemployment data will be released mid-morning, while company reporting season continues. Follow the day's events and insights from our business reporters on the ABC News live markets blog.
Closing Bell: ASX rebounds, fuelled by utilities gains
ASX rebounds to set new intraday high, up 0.53pc Origin Energy leads gains alongside utilities sector Unemployment rate falls, lowering interest rate cut chances ASX sets new intraday high The ASX rebounded powerfully from yesterday’s profit taking, adding 0.53% or 46.7 points by the end of the day. The market briefly touched a new intraday high of 8899 points, but couldn’t hold the gains to mark off a new record close as well. We’re currently…
ASX Market Open: More Wall Street records ensure Oz will enjoy green open
There’s been a flow-on heading into Thursday, with more and more U.S. traders betting on interest rate cuts, leading the S&P 500 and Nasdaq to more record highs – and in turn, pushing Australian shares onto a green day. Listen to the HotCopper podcast for in-depth discussions and insights on all the biggest headlines from throughout the week. On Spotify, Apple, and more. ASX 200 futures point to a +0.39% rise at open, with nearly all of that com…
The market is now fully pricing in a rate cut from the US Federal Reserve in September.
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