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ASX to rise, Wall St rebounds, Tesla rises 11pc – The Australian Financial Review
Australian shares are set to open higher after US investors recovered from their latest ‘panic attack’. $A up 1pc. Gold, oil rise. Iron ore lower.
As the election nears, we could see this continued volatility continue, Mr White said.
Microsoft and Apple each rose at least 4%. Amazon rose 3.8%. Alphabet and Facebook also gained. Netflix was the lone loser among the high flyers.
“I view the latest three-day selloff as Panic Attack #67 in the bull market that started March 9, 2009,” Ed Yardeni said in a note.
“Technically speaking, the 33.9% plunge in the S&P 500 from February 19 through March 23 was a bear market,” Mr Yardeni said. “I…
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