Business
ASX to jump, Nasdaq climbs to record high as Microsoft pushes ahead with TikTok deal – ABC News
The Australian share market is likely to jump in early trade after a technology-led rally on Wall Street, while Donald Trump says he will ban TikTok in mid-September if Microsoft does not buy the social media app.
The Australian share market is likely to jump in early trade, thanks to a technology-led rally on Wall Street.
Market snapshot at 8:00am (AEDT):
- ASX SPI futures +1.4pc at 5,972, ASX 200 (Monday’s close) flat at 5,926
- AUD: 71.24 US cents, 54.48 British pence, 60.56 Euro cents, 75.5 Japanese yen, 4.956 Chinese yuan, $NZ1.077
- US: Dow Jones +0.9pc at 26,664, S&P 500 +0.7pc at 3,295, Nasdaq Composite +1.5pc at 10,903
- Europe: UK (FTSE): +2.3pc at 6,033, Germany (D…
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