Overview
Disappointing jobs figures in the United States have boosted investor hopes for an interest rate cut in the world’s largest economy, putting the Australian sharemarket on track to reach a record high this week.
Futures suggest the S&P/ASX 200 Index will open 0.2 per cent or 15 points lower on Monday, but investors say it’s only a matter of time before shares resume their climb, taking their cue from a strong run on Wall Street, which briefly hit record highs on Friday before sliding.
Source: https://www.afr.com/markets/equity-markets/interest-rate-cut-hopes-to-fuel-new-asx-record-after-wall-street-jump-20250905-p5msqt