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JobKeeper payments set to cover around 4.7m employees: ASX poised to open lower

07 May 2020 – Following mixed leads from US markets, the ASX looks set to open lower this morning. The S&P 500 and Dow Jones Industrial Average indexes closed lower, while IT and consumer discretionary sectors kept the Nasdaq in the green. Back home, close to 730,000 employers have so far signed up for the JobKeeper allowance, covering around 4.7 million employees. On the commodities front, oil has dropped and gold is also down. OceanaGold (ASX:OGC) released their first quarter operational results showing a fall in gold produced and sold.

Source: Finance News Network

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