Business
Europe’s stocks recover all pandemic losses; ASX to cruise as S&P 500 comes off high – ABC News
Europe’s benchmark STOXX 600 closes at a record high as the continent spends big on economic recovery and rolls out vaccines as it heads into summer.
The Australian sharemarket is set to cruise after a bumper day, while in the Northern Hemisphere there is renewed optimism about an economic recovery from COVID.
At 7:00am AEST, ASX 200 futures were even on yesterday’s close.
The benchmark closed up 0.8 per cent at 6,886.
That was the highest it hit since February. It came as the Reserve Bank announced it would not be raising the cash rate, despite growing concerns about a property bubble.
Over in Europe, the continent’s benchmark STOXX 600 has…
-
Noosa News15 hours agoMitch Power Quick Shear event gets men talking about mental health
-
General18 hours agoThailand punches above its weight in film creativity and cross-border appeal. Here’s why
-
General10 hours agoAFL Round 18 live updates: Bulldogs vs Crows, Giants vs Cats, Tigers vs Bombers, Dockers vs Hawks — blog, scores and stats
-
Noosa News18 hours agoRaising your voice | Noosa Today