US EditionASX Market Open: Australian bourse to move higher despite mixed night on Wall St | May 16, 2025
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ASX Market Open: Australian bourse to move higher despite mixed night on Wall St | May 16, 2025
The ASX200 is set to open more than one percent higher (1.03%) on Friday, despite a mixed performance on Wall Street overnight. Investors in the US were scrutinising several factors on Thursday, including company earnings, economic data, and continuing trade uncertainty. This producing a fourth straight gain for the S&P 500 – which was up 0.4% – lifted by Cisco’s 3.7% jump on an upbeat AI-driven forecast, while the Dow increased 271 points and t…
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