Business
ASX to edge up, Wall St modestly higher on techs – The Australian Financial Review
Australian shares appear set to start the day somewhat muted, with techs providing a modest boost to the Nasdaq. $A slips.
LPL Financial’s Ryan Detrick said investors should not be too concerned about the market’s fluctuations. “History would say after an about 70 per cent rally, some choppy action for a few months would be perfectly normal.”
Today’s agenda
No local data
Overseas data: Japan machinery orders November; US import price index December
Market highlights
ASX futures up 10 points or 0.2 per cent to 6625 near 7am AEDT
- AUD -0.4% to 77.41 US cents
- On Wall St near 3.10pm: Dow flat S&P 500 +0.4% Nasdaq +0.5%
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