ASX set to rise as Wall Street rebounds but Netflix slumps on slower growth – Sydney Morning Herald

Technology companies and banks helped lift stocks on Wall Street broadly higher on Wednesday (US time), enabling the market to claw back some of its losses after a downbeat start to the week.
The S&P 500 rose 0.9 per cent, snapping a two-day slide. Most of the companies in the benchmark index rose, with technology, financial, and health care stocks accounting for a big share of the gains. Tesla, Amazon and other companies that rely directly on consumer spending also rose. Communication and utilities…

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