Business
ASX set to jump as Wall Street closes just shy of record high – Sydney Morning Herald
The Australian sharemarket is set to bounce higher at the open as Wall Street surged thanks to tech heavyweights.
The S&P 500 jumped on Wednesday but finished just short of its February record closing high, in a broad rally led by tech-related stocks.
The index in afternoon trading briefly surpassed its record high closing level of 3,386.15 from February 19, before the onset of the coronavirus crisis in the United States that caused one of Wall Street’s most dramatic crashes in history.
Wall Street jumped higher on Wednesday. Credit:AP
The index reached as high as 3,387.89. Its intraday record of 3,3…
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