ASX to rise as focus swings to employment data
Andrew HobbsContributor
Updated
Australian shares are poised to rise as traders adjust to a period of higher-than-anticipated interest rates and geopolitical tensions.
Weakness in technology stocks meant the S&P 500 fell for a fourth day, its longest losing streak since January. US Treasuries extended gains just a day after US Fed chairman Jerome Powell threw cold water on rate-cut bets and oil tumbled.
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