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The Dow Jones Industrial Average closed at record highs on Friday, a development described as 'encouraging' by CommSec’s Tom Piotrowski. This positive sentiment has influenced the Australian Securities Exchange (ASX), which is expected to extend its run. Australia's S&P/ASX 200 Index rose by 0.5%, reaching a record high of 8,249.50 points.
AUSTRALIA'S S&P/ASX 200 INDEX RISES 0.5% TO HIT A RECORD HIGH OF 8,249.50 POINTS
[RTRS] - AUSTRALIA'S S&P/ASX 200 INDEX RISES 0.5% TO HIT A RECORD HIGH OF 8,249.50 POINTS $XJO #ausbiz
The ASX is set to power to a new high despite Wall Street's mixed end to the week, while Qantas passengers face further disruptions this morning. https://t.co/5IHpoRvlKe