Business
ASX set to slip despite another bright Wall Street session – Sydney Morning Herald
The Australian sharemarket is set to slide lower at the open despite Wall Street being poised to continue its winning run.
Stocks are moving higher yet again on Monday (US time), adding to a streak that gave the market its best weekly gain since November last week. Investors continue to be focused on company earnings and the higher prospects for more economic stimulus to combat the impact of the coronavirus.
In mid-afternoon trade, the S&P 500 is up 0.3 per cent , the Dow Jones Industrial Average has added 0.4 per cent and and the Nasdaq is 0.5 per cent higher. Small-company stocks continued to far outpace the rest…
-
Noosa News23 hours agoGiant hailstones hit parts of south-east Queensland as region braces for more severe thunderstorm activity
-
General22 hours agoMan arrested after woman’s body found in home near Cessnock
-
Noosa News22 hours agoTeenager killed in Queensland e-bike crash amid spate of accidents
-
Noosa News24 hours agoWest End’s Cordeaux Social Club is a well-oiled machine, with a twist