The ASX 200 is up 41 points (+0.6%) at 7543 points as Fed interest rates increased in line with expectations. Sectors are mostly up with Energy lagging behind, down 0.7%. Gold Sector going gangbusters, up 5% as USD index drops to 100.8. Tech sector close behind as the NASDAQ appears to break the downtrend. All-Tech Index up 3.6%. Defensives are up, with Staples and Consumer Disc both up 0.8% and 1.5%. The Big bank basket unchanged at $190.8. WAM Capital (WAM) up 9.4% after a market update and dividend update. Imugene (IMU) up 3.6% after announcing the completion of phase o1 of their cancer-killing virus. Australian reporting season kicks off this week - Diary here. Dow Futures are down 11 points, and NASDAQ Futures are up 121 points.
Our member exclusive podcast – as all brokers start the day, the format is to have a quick look at the overnight markets, consider what's coming up in the day ahead, hear from the analysts, share ideas and get set up for the day's stock market activity.
