Trading resumes in the wake of a three-day Wall Street weekend, with US markets opening into mixed conditions. Stocks drift near record levels, with the overall tone described as steady rather than strongly directional. At the same time, SpaceX is highlighted as a factor weighing on parts of Wall Street sentiment, contributing to the mixed trading backdrop. In Australia, market participants expect the ASX to open higher, reflecting the cautious, slightly positive read-through from US trading near highs. The news flow also includes the death of former Federal Reserve chair Alan Greenspan, reported as occurring at the age of 100. Across the reports, the common themes are a post-holiday resumption of trading, US stocks trading close to record territory while remaining mixed, and an ASX move expected to be upward at the start of trade. The combination of market positioning, the impact of SpaceX-related developments on Wall Street, and the Greenspan death frame the day’s early headlines, according to the outlets.
ASX set to rise as US stocks edge near records; Greenspan dies at 100
Trading resumes in the wake of a three-day Wall Street weekend, with US markets opening into mixed conditions. Stocks drift near record levels, with the overall tone described as steady rather than st...
- Wall Street trading resumes after a three-day weekend.
- US stocks trade near record levels in mixed conditions.
- SpaceX is cited as weighing on Wall Street sentiment.
- The ASX is expected to rise at the open.
- Former Federal Reserve chair Alan Greenspan dies at age 100.
US stocks are drifting near their records in mixed trading after trading resumed following a three-day weekend for Wall Street.
2 months agoUS stocks are drifting near their records in mixed trading after trading resumed following a three-day weekend for Wall Street.
2 months ago
Flash floods from Tibet hit Nepal, killing dozens and leaving many Indians missing
Flash floods that move from Tibet into Nepal kill scores of people and leave many residents, including Indians, missing....
Most Asian stocks rise ahead of Fed Warsh speech on interest-rate outlook
Most Asian stock markets rise on Friday as investors focus on a closely watched speech by Federal Reserve official Kevin...
Oil flows through Strait of Hormuz rise as Middle East producers ramp up exports
Crude oil shipments through the Strait of Hormuz are increasing, with sources citing roughly 6 million to 8 million barr...