Welcome to the Trading Day blog for Friday, October 25. ASX 200 index to edge higher. Qantas warns on fuel risk, hopes for less fiery investor catch-up as strike action looms.
WiseTech on watch for founder Richard White's 'transition'. ResMed boost likely on strong quarter. Fortescue cut to sell.
Cochlear AGM. ASX 200 futures are up 0.2 per cent to 8248 points after the end of US trading.
On Wall Street, Tesla's 22 per cent jump powered the technology-focused Nasdaq Composite's 0.8 per cent rise; the S&P index rose 0.3 per cent, but weakness in IBM and Boeing stocks weighed on the Dow Jones index, pushing it 0.
3 per cent lower. US 10-year bond yields settled near 4.21 per cent.
Oil prices slipped slightly with the global benchmark Brent crude near $US74.70 per barrel and the US WTI near $US70.50 per barrel.
Gold futures are up nearly 1 per cent to $US2748 per ounce. Iron ore futures settled near $US99.40 per tonne on the Singapore exchange.
The Aussie dollar is trading around $US66.41c. More Coverage Influential adviser grows cautious about stocks David Rogers Originally published as ASX 200 to rise; Qantas tracking 'stable' demand; WiseTech in focus; Tesla jumps 22pc Join the conversation Add your comment to this story To join the conversation, please log in.
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