ASX set to rise as Wall Street rallies; NAB profit down 37%



  • ASX futures are up 0.1% and hint at modest early gains for the local bourse, following a flat session on Wednesday
  • Wall Street surged overnight as markets saw the upside of political control in Washington remaining split between Democrats and Republicans
  • The winner of the 2020 presidential election is still unclear and the race remains extremely tight, but the Biden camp is confident of victory
  • NAB cash earnings are down 37% to $3.7b for the year and the lender will pay a scaled-back 30 cent dividend

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