Australian shares are poised to open very modestly higher, reversing earlier modest losses. A rebound in tech shares, driven in part by Oracle, helped the Nasdaq Composite and S&P 500 advance. The Dow was lower, dragged by JPMorgan and Goldman Sachs.
On Wall St at 4pm: Dow -0.2% S&P +0.5% Nasdaq +0.8%
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Timothy Moore writes on monetary policy, equities, commodities and currencies. He is the overnight markets editor and writes Before the Bell. Connect with Timothy on Twitter. Email Timothy at [email protected]