Australian shares are poised to rise as the megacap techs surged higher, as did bitcoin, after the November CPI data met expectations, all but cementing a quarter point rate cut by Federal Reserve policymakers next week.
On Wall St at 4pm: Dow -0.2% S&P +0.8% Nasdaq +1.8%
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Timothy Moore writes on equities, commodities and monetary policy. He writes Before the Bell and contributes to the Markets Live blog. Connect with Timothy on Twitter. Email Timothy at timothy.moore@afr.com
