8@eight: ASX set to rise; $A hit hard – Sydney Morning Herald

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…

Click here to view the original article.