Good morning Traders (thanks for the handover highlandlad),
Wall Street finished higher last night as AIG posted a $35b asset sale, there were talk of mergers within the pharmaceutical sector and there was a better than expected report out on consumer spending. [Source: cnnmoney.com]
The DJIA Index finished the session: Up 78.53 pts; and
The SPI Futures are currently: Up 24 pts.
Of Note in Australia Today: Building Permits and Retail Sales figures will be out for the month of January; and of course the RBA hands down its interest rate decision at 2.30pm today. Also, the AiG Performance of Services Index is released; and
Of Note in the US Tonight: Motor Vehicle Sales figures will be released this evening, as will the ABC/Washington Post Consumer Confidence.
Gold is Up $0.10 atm and is currently sitting at $1,118.00/oz (Kitco); Oil is Down $0.96 to $78.70/barrel (NYMEX/Bloomberg); and the AUD/USD is currently trading at 0.9014 cents (Forex. Live).
Have a great day trading today all!
Cheers, Tweets (:
Link to Daytrades March 2 Pre-Market thread
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