Business
ASX to slip; Wall St, bitcoin, oil, iron ore rally – The Australian Financial Review
Australian shares were poised to open lower. In contrast, US stocks reset record highs. Bitcoin leaps. Oil tops $US60 a barrel.
Near 2.30pm, the Dow was up 136 points or 0.4 per cent to 31,284; the S&P 500 was up 0.3 per cent to 3900.
S&P 500 companies were now on track to post earnings growth for the fourth quarter as opposed to a prior forecast of decline, according to Refinitiv IBES data.
LPL Financial lifted its our year-end 2021 fair value target range for the S&P 500 to 40504100 (46pc above the February 5 close). The new target range is based on a price-to-earnings ratio of just below 21 times our 2022 earnings per…
-
Noosa News22 hours agoMeet Chad Burgess, Pauline Hanson’s One Nation Party
-
Noosa News22 hours agoWestern Queensland graziers begin grim stock count after catastrophic floods
-
Noosa News24 hours agoHelicopter scrambles to site of air crash on K’gari
-
General21 hours agoTyler Wright soaks up Bells Beach return as poor conditions at Rip Curl Pro sees men’s opening round called off