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ASX set to rise as Wall Street jumps on inflation update
US inflation came in below expectations, easing Federal Reserve tightening fears and boosting Wall Street by up to 2% in tech stocks, lifting ASX futures 0.7%.
Summary by Sydney Morning Herald
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Sydney Morning Herald+2 Reposted by 2 other sources
ASX set to rise as Wall Street jumps; WiseTech to take no further action against White; TikTok deal reached
US stocks are jumping on Thursday following an encouraging report on inflation that could help the Federal Reserve keep cutting interest rates next year.
·Sydney, Australia
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Total News Sources3
Leaning Left2Leaning Right0Center1Last UpdatedBias Distribution67% Left
Bias Distribution
- 67% of the sources lean Left
67% Left
L 67%
C 33%
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