Australia shares set to open higher tracking Wall Street, NZ up
Australian shares were set to open higher
on Monday, tracking a firmer finish on Wall Street in the last
session when investors cheered fewer-than-feared monthly job
losses in the United States.
The U.S. economy lost 20.5 million jobs in April, the Labor
Department reported on Friday, which was less than the 22
million forecast by a Reuters poll.
The local share price index futures rose 0.7% or 50
points, a 10.7-point discount to the underlyin
on Monday, tracking a firmer finish on Wall Street in the last
session when investors cheered fewer-than-feared monthly job
losses in the United States.
The U.S. economy lost 20.5 million jobs in April, the Labor
Department reported on Friday, which was less than the 22
million forecast by a Reuters poll.
The local share price index futures rose 0.7% or 50
points, a 10.7-point discount to the underlyin
Posted by Reuters
