ASX to rise, Nvidia helps extend tech rebound
Timothy MooreBefore the Bell editor
Updated
Australian shares are poised to rise. Nvidia again helped pace gains in New York after producer price data further cemented expectations of a quarter-point interest rate cut by the Federal Reserve next week.
- On Wall St at 4pm: Dow +0.6% S&P +0.8% Nasdaq +1%
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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
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