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ASX to rise, Nvidia helps extend tech rebound

Timothy MooreBefore the Bell editor
Updated

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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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    Original URL: https://www.afr.com/markets/equity-markets/asx-to-rise-nvidia-extends-tech-rebound-20240913-p5ka96