Business
8@eight: ASX set to rise; $A hit hard – Sydney Morning Herald
What happened overnight and what is ahead for the Australian sharemarket.
The S&P500 held-up stronger, rallying into the close of Wall Street trade on Friday night, to close flat for the session. However, the tech-heavy NASDAQ recorded a fall of 0.87 per cent, as traders positioned for the risk the next stage of US-China hostilities would target the information technology sector.
3. US jobs data provides some relief to investors: US stocks also managed to stage a comeback in US trade, courtesy of what was a stronger than expected print of US Non-Farm Payrolls dat…
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