ASX 200 higher, oil above $US70/bbl, Wall Street lifts on jobless data
ASX 200 closes up 0.5% as buoyant US futures add to positive leads from Wall Street before Friday's release of US non-farm payrolls data.
Welcome to the Trading Day blog for Friday, September 3. ASX 200 closes up 0.5% as buoyant US futures add to positive leads from Wall Street before Friday's release of US non-farm payrolls data.
Westpac has slashed economic growth forecasts.
Wall Street rose following positive US jobless data. The Dow rose 0.4 per cent, the S&P 500 added 0.3 per cent and the Nasdaq edged up 0.1 per cent. Wall Street’s rise also helped European markets, which closed higher.
Oil prices rose to $US70/bbl and Bitcoin topped $US50,000 after a strong run in August.
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