The Australian market looks set to open flat after Wall Street is pulled down by healthcare and consumer stocks and ahead of Federal Reserve chair Janet Yellens key speech at Jackson Hole. The SPI is trading at 5516, up 4 points. Locally, no economic news is expected on Friday. In equities news, The Star Entertainment
The Australian market looks set to open lower after Wall Street retreated, pulled lower by materials and health care sectors weakness and amid nervousness over a possible upcoming interest rate rise. The SPI is trading down 10 points, at 5533. Locally, in economic news, The Australian Bureau of Statistics releases Labour Force figures for July,
The Australian market looks set to open higher after US stocks rose modestly as gains in the tech sector helped buoy the Nasdaq to a record intraday high and solid housing market data provided more evidence the economy may be picking up momentum. The SPI is up 19 points to 5534. Data on Tuesday showed
The Australian market looks set to open flat after Wall Street closed little changed as the fall in oil prices weighed on energy stocks and biotech stocks putting in a strong performance. The SPI is trading at 5494, up 5 points. Locally, in economic news, the ANZ-Roy Morgan weekly consumer confidence survey is due out.