Business
ASX to edge up, Wall St pauses after records reset – The Australian Financial Review
Australian shares are set to open lower, as Wall Street investors opted to de-risk heading into the Thanksgiving break.
The spot price of benchmark crude rallied to near $US49 a barrel.
Tesla added another 3.4 per cent. In a note, Ned Davis Research said the pending inclusion of the company in the S&P 500 could have a dramatic impact:
“Tesla has more than quintupled on the year, and that if it had been included in the S&P 500 index for the entirety of 2020, consumer discretionarys YTD returns would have been over 50 per cent higher.”
NDR also said the risk for consumer discretionary in 2021 is that “the most overbought…
-
Noosa News15 hours agoMan charged over allegedly abandoning Arnie the German shepherd in car after claiming dog and vehicle were stolen
-
Noosa News16 hours agoMotorcyclist dies in crash with truck
-
Noosa News17 hours agoSomerville House investigating after teachers’ dossier on students leaked
-
General22 hours agoSmall-town cleaner finds himself in legal battle with EnduroShield over product packaging