ASX set to rise as Wall Street advances; $A, bitcoin stronger
US stocks rose and trimmed their losses from a shaky week. That was even though the bond market, which has been the centre of Wall Street’s action, remained jumpy and continued to add pressure.
US stocks rose, trimming their losses from a shaky week. The bond market remained jumpy and continued to add pressure.
The Australian dollar and bitcoin were stronger. The ASX is set to rise.
According to CNBC, analysts are bullish on the prospects of several stocks due to their long-term growth potential and exposure to lucrative areas, such as artificial intelligence.
Brief written by urgent.news from The Age, The Sydney Morning Herald, CNBC, SCMP Business — 4 reports on this story. Machine-written — may contain errors; check the original before relying on it.
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