Business
ASX to edge higher, GDP data ahead – The Australian Financial Review
Australian shares are set to open higher, boosted by late gains on Wall Street. $A slips. Second-quarter GDP on Wednesday’s agenda.
On Wall Street, all three main benchmarks extended gains into the close. The Dow ended up more than 215 points paced by a 6.3% rise for Walmart, a 4.8% rise in Dow Inc and a 4% advance for Apple.
Walmart was higher on news that it will soon rollout a rival – Walmart Plus – to Amazon’s Prime service.
Apple gained on a report that it has asked suppliers to build at least 75 million 5G iPhones, a sign investors took as bullish.
Tesla slid 4.7% after the company detailed plans to sell up to five …
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