The Age
·general
·1 hour ago
ASX set to rise as Wall Street climbs again
US stock markets climbed Wednesday as Cisco Systems beat profit expectations, with the S&P 500 and Nasdaq reaching new records. Cisco's stock surged 13 percent after the tech giant forecast strong current-quarter earnings. Australia's sharemarket is set to gain 0.7 percent at open, buoyed by Wall Street's rally and robust corporate earnings driven by artificial-intelligence demand across sectors.
Summary by Glance · The Age
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