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Australian stocks rise for a fourth day after President Trump calls for targeted coronavirus assistance – ABC News
The Australian share market gains ground after Donald Trump calls on Congress to pass some coronavirus relief measures, while iSelect admits deceiving consumers…
The Australian share market has made strong gains for the fourth day in a row, after Wall Street rallied as Donald Trump called for some coronavirus stimulus to be approved.
Key points:
- US stocks close sharply higher on new stimulus hopes
- Australian shares rise for a fourth day to new one month high
- iSelect fined $8.5 million for misleading consumers over power prices
At 1:00pm AEDT, the ASX 200 index was up nearly 1.2 per cent, or 70 points, to 6,106, h…
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