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ASX 200 expected to edge higher

The Australian share market looks set to edge higher on Monday following a mixed finish on Wall Street.

According to the latest SPI futures, the ASX 200 is expected to open the day 4 points higher.

Stocks clung to modest gains on Wall Street Friday, giving the market another record high and a winning week.

The listless day for stocks capped off a mostly solid week of earnings where the technology sector once again powered the market higher. The sector has been the driving force behind a rally that started in October.

The S&P 500 index rose 1.77 points, or less than 0.1%, to 5,088.80. That marks another record high for the benchmark index and its sixth winning week in the last seven.

Dow Jones Industrial Average rose 62.42 points, or 0.2%, to 39,131.53. The Nasdaq slipped 44.80 points, or 0.3%, to 15,996.82.

Market Watch
[ATTACH=full]171565[/ATTACH]

<blockquote data-quote="bigdog" data-source="post: 1267188" data-attributes="member: 4374"><h2>ASX 200 expected to edge higher</h2>The Australian share market looks set to edge higher on Monday following a mixed finish on Wall Street.According to the latest SPI futures, the ASX 200 is expected to open the day 4 points higher.Stocks clung to modest gains on Wall Street Friday, giving the market another record high and a winning week.The listless day for stocks capped off a mostly solid week of earnings where the technology sector once again powered the market higher. The sector has been the driving force behind a rally that started in October.The S&amp;P 500 index rose 1.77 points, or less than 0.1%, to 5,088.80. That marks another record high for the benchmark index and its sixth winning week in the last seven.Dow Jones Industrial Average rose 62.42 points, or 0.2%, to 39,131.53. The Nasdaq slipped 44.80 points, or 0.3%, to 15,996.82.Market Watch[ATTACH=full]171565[/ATTACH]</blockquote>

[QUOTE="bigdog, post: 1267188, member: 4374"] [HEADING=1][SIZE=5]ASX 200 expected to edge highe[/SIZE]r[/HEADING] The Australian share market looks set to edge higher on Monday following a mixed finish on Wall Street. [B]According to the latest SPI futures, the ASX 200 is expected to open the day 4 points higher.[/B] Stocks clung to modest gains on Wall Street Friday, giving the market another record high and a winning week. The listless day for stocks capped off a mostly solid week of earnings where the technology sector once again powered the market higher. The sector has been the driving force behind a rally that started in October. The S&P 500 index rose 1.77 points, or less than 0.1%, to 5,088.80. That marks another record high for the benchmark index and its sixth winning week in the last seven. Dow Jones Industrial Average rose 62.42 points, or 0.2%, to 39,131.53. The Nasdaq slipped 44.80 points, or 0.3%, to 15,996.82. [B][SIZE=5]Market Watch[/SIZE][/B] [ATTACH type="full" alt="1708895443087.png"]171565[/ATTACH] [/QUOTE]

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