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ASX 200 expected to rise again


The Australian share market looks set to rise on Monday after records were broken on Wall Street on Friday.


According to the latest SPI futures, the ASX 200 is expected to open the day 11 points higher. 


On Friday , Wall Street closed its latest winning week with more gains Friday, pushing U.S. stocks to new heights.


The S&P 500 rose 40.81 points, or 0.8%, to 5,137.08 a day after setting an all-time high. It’s been on a tremendous run and has climbed in 16 of the last 18 weeks because of excitement about cooling inflation and a mostly resilient U.S. economy.



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