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ASX surges ahead of Federal Budget and amid optimism around US President Donald Trump’s health – ABC News
The Australian share market bounces back to life as more stimulus is unveiled ahead of tomorrow’s Federal Budget and on optimism about US President Donald Trump…
The Australian share market has surged in light trade amid more stimulus announcements ahead of tomorrow’s Federal Budget, including a $7.5 billion investment in transport infrastructure and personal tax cuts brought forward to encourage spending.
Key points:
- Australian share market surges nearly 3 per cent in light trade
- US stocks pare losses on new stimulus hopes despite Donald Trump’s coronavirus diagnosis
- S&P 500 down 0.5 per cent but Nasdaq falls 2.2 per cent…
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