ASX to rise as CEOs urge Vic Govt to lift restrictions
Good morning.
Here’s Yahoo Finance’s Wednesday morning wrap.
The ASX is expected to lift at the open, with the SPI200 Futures Contract up 10 points to 6,208 indicating a positive start for the local bourse.
It comes as shares on Wall Street ended higher on positive talks between US lawmakers about another stimulus package.
The Dow Jones Industrial Average rose 111.76 points, or 0.4 per cent, to 28,307.18, the S&P 500 gained 16.15 points, or 0.47 per cent, to 3,443.07 and the Nasdaq Composite added 36.36 points, or 0.32 per cent, to 11,515.34.
Google is facing an antitrust lawsuit, after the US Justice Department accused the company of illegally using its market power to fend off rivals.
Alphabet shares were still up 2.4 per cent on Wednesday.
‘Hurting badly’: The chiefs and directors of Australia’s largest companies have written an open letter to the Victorian Premier, urging him to lift restrictions today.
$21 million fraud: A former NSW bank employee is facing a raft of charges over an attempted fraud against the National Australia Bank valued at more than $21 million.
"It is important to note no NAB customers were impacted and no financial loss occurred as a result of the actions alleged by police, and the former employee was dismissed by NAB,” the bank said.
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Have a great day.
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