Business
ASX set to jump as Wall Street rises; GameStop slide accelerates – Sydney Morning Herald
A bright day on Wall Street on the back of strong company earnings as well as optimism that Washington can reach a deal for another round of fiscal stimulus
Stocks moved higher in afternoon trading on Thursday (US time), helped by strong company earnings as well as optimism that Washington can reach a deal for another round of fiscal stimulus for the millions of Americans who need it.
In early afternoon trade, the S&P 500 index was up 0.8 per cent, the Dow Jones industrial average has risen by 0.9 per cent and the technology heavy Nasdaq was 0.9 per cent higher. All three Wall Street indexes are on pace for strong weekly gains above 3 per cent. It sets…
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