Australian shares are poised to rise. The Nasdaq Composite paced US equities modestly higher. Commodities advanced after China announced a far more determined effort to lift its economy. The VIX extended its retreat, and has fallen nearly a third from earlier this month alone.
On Wall St at 4pm: Dow +0.2% S&P +0.3% Nasdaq +0.6%
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Timothy Moore writes on monetary policy, equities, commodities and currencies. He is the overnight markets editor and writes Before the Bell. Connect with Timothy on Twitter. Email Timothy at timothy.moore@afr.com
