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ASX to edge up, Nasdaq leads modest Wall Street gains
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Australian shares are set to edge higher at the open as US stocks edged higher in New York.
ASX futures were up 8 points or 0.1 per cent to 7098 near 6am AEST. The currency slipped. The yield on the US 10-year yield was 2 basis points higher to 1.58 per cent near 4pm in New York.
Bitcoin was trading at $US38,409.72 on bitstamp.net at 6am AEST. It earlier bounced off its 200-day moving average around $US40,600 highlighting how difficult it may be for it to regain its upward momentum.
On Wall Street, stocks traded in a narrow range for a second day with the Dow modestly positive and the S&P 500 up 0.2 per cent near 4pm in New York. The Nasdaq advanced 0.6 per cent.
The Clinchfield Railroad Historical Society will induct two new members into the Clinchfield Hall of Fame on Saturday.
A.J. Peoples and his late father, Jack Peoples, will be the first father-son duo to be inducted into the Clinchfield Hall of Fame; the Hall of Fame recognizes those who have had long careers working for the Clinchfield or CSX Railroad.
âThe Clinchfield Hall of Fame was organized in 1995 by the founder, the late James A. Goforth, to perpetuate and keep alive the memory of the Clinchfield Railroad,â said Martha Erwin, curator of the Clinchfield Railroad Museum.
The inductees of the Clinchfield Hall of Fame are chosen by a committee of three based on letters of recommendation written to the Clinchfield Railroad Historical Society on the nomineesâ behalf.
Robber s smirk wiped off his face as he s locked up for despicable crimes
John James McFadyen was sentenced for a robbery and attempted robbery carried out in Scunthorpe
16:52, 11 MAY 2021
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A man who attempted to rob a woman and later stole large sums of cash from a shop while threatening to kill staff is now locked up.
Latitude leaps on long-awaited ASX debut
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Ahmed Fahour-led Latitude Financial hit the ground running on its long-awaited ASX debut, climbing by as much as 15 per cent on its third attempt at a public listing.
The non-bank lender rose to a peak of $2.99, well above its IPO price of $2.60, as soon as it landed on the ASX on Tuesday, momentarily boosting its market capitalisation to almost $3 billion.
It drifted lower for the rest of the session, closing at $2.70, a gain of 3.9 per cent.
Latitude Financial chairman Mike Tilley with managing director Ahmed Fahour at the company’s ASX debut on Tuesday.