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ASX to rise, Wall St extends its rally into fourth session

Australian shares are set to open higher as Wall Street extended its recovery amid stabilising hopes for a December interest rate cut after last week’s swoon. Bitcoin briefly traded above $US90,000.

Information technology and materials led nine of the S&P 500’s industry sectors higher as the benchmark was poised to rise for a fourth day.

Source: https://www.afr.com/markets/equity-markets/asx-to-rise-wall-st-extends-its-rally-into-fourth-session-20251127-p5nisg