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The Australian share market or S&P/ASX 200 (INDEXASX: XJO) is expected to open higher on Tuesday, according to SPI 200 futures contracts in Sydney.
Microsoft (NASDAQ: MSFT) led the Dow’s gains, advancing 3 per cent, with Nike (NYSE: NKE), Salesforce (NYSE: CRM) and Intel Corp (NASDAQ: INTC) also boosting the index.
The S&P/ASX 200 (INDEXASX:XJO) and All Ordinaries (ASX:XAO) had a strong day Tuesday but the ASX 200 quickly reversed those gains on Wednesday.
US stock markets outperformed overnight on signs the economy remains strong as Nike (NYSE:NKE) and Alibaba (NYSE:BABA) shares made headlines.
US stock markets overcame a growing wall of worries to post a positive end to the week. Nike (NYSE:NKE) & Costco shares are making headlines.
Charlie Aitken is the founder of AIM Funds, a global fund manager based in Sydney. He joins Owen Rask on The Australian Investors Podcast to talk about why shorting doesn’t work and share two stock ideas.
US stock markets finished the week on a strong note as Nike (NYSE:NKE) and Virgin Galactic (NYSE:SPCE) shares rocketed higher.
US markets staged a late rally behind the traditional cyclical sectors, with financials, energy and mining companies leading the charge.
The S&P/ASX 200 (ASX: XJO) price is trading higher today. Boosting the ASX 200 is the Afterpay Ltd (ASX:APT) share price and QANT shares.
