ASX to rise; Iron ore leaps; Wall Street higher on stimulus hope



  • ASX futures were up 0.3% and pointing to early gains for the local benchmark. The Australian market finished flat on Wednesday
  • The S&P 500 edged to a new record high overnight while the Dow also rose as Wall Street investors weighed vaccine developments and stimulus talks against poor jobs data. The Nasdaq slipped lower
  • Iron ore prices surged again, jumping 3.1% to $US136.29 overnight. BHP and Rio Tinto soared in offshore trade
  • The Aussie dollar is trading at more-than two-year highs of US 74.12 cents 

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Good morning, and welcome to this Thursday edition of Markets Live.

Alex Druce is steering the ship today. Drop him a line in the comments or email him at [email protected] if you spot something interesting!

Early gains are tipped for the ASX 200 after the S&P 500 and Dow finished higher overnight amid vaccine optimism and stimulus hopes. Iron ore prices have surged.

This blog is not intended as financial advice

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