Pre-Market Report – Thursday 13 November: Dow hits new record | Rotation to financials and healthcare
Description
The Dow Jones Industrial Average rose to new heights on Wednesday, extending its gains from the previous session, as Wall Street looked ahead to a potential end to the record-breaking U.S. government shutdown.
The 30-stock Dow was last up 334 points, or 0.7%, and hit a fresh intraday high in the session. The S&P 500 traded around the flatline, while the Nasdaq Composite dropped 0.3%.
SPI up 11 - Australia’s October labour force report is due at 11.30am.
Results expected on Thursday from Graincorp, Orica, Xero, Catapult Sports and Infratil.
Companies scheduled to host annual meetings include Arena REIT, AUB Group, Computershare, Catalyst Metals, Greatland Resources, Guzman Y Gomez, Ingenia Communities Group, Inghams Group, Nextdc, Pexa Group, SGH, Superloop, Servcorp and Strike Energy.
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