Business
Australian shares to push new record high, Wall Street ‘meme stock’ AMC surges 96pc – ABC News
The Australian share market is expected to rise further in morning trade after hitting a record high yesterday, while oil prices jump to a 15-month high and Wall…
Australian shares hit a new record high yesterday, and are expected to rise even further in morning trade.
ASX futures were up 0.2 per cent to 7,229 points, by 8:00am AEST.
The Australian dollar was steady at 77.5 US cents.
In economic news, the Bureau of Statistics (ABS) will release its April trade balance and retail sales figures.
A fortnight ago, the ABS released preliminary retail data, which showed sales lifted 1.1 per cent in April (after a 1.3 per cent rise in March).
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