Australia Shares Set to Build on Record
2223 GMT – Australia's S&P/ASX 200 looks set to build on its record close when the local share market opens Wednesday. ASX futures are up by 0.3% ahead of the open, suggesting that the benchmark index will add to Tuesday's 0.8% rise. That carried the ASX to a record, surpassing the mark it set in mid-February before tariff-driven uncertainty roiled global markets. U.S. stocks provided a positive lead after signs of progress in trade talks between U.S. and Chinese officials in London. The S&P 500 rose 0.55%, the Dow Jones Industrial Average gained 0.25%, and the Nasdaq Composite put on 0.6%. (stuart.condie@wsj.com)
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It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
