Monthly Archives: June 2021

Infrastructure deal & upbeat data fuel Wall St sentiment: Aus shares to open higher

25 Jun 2021 - The Australian sharemarket is set to open higher, on the back of strong Wall Street sentiment boosted by positive economic data and a US government deal. President Joe Biden has reached an agreement with both major US political parties to approve the White House’s $579 billion budget for infrastructure development. The number of applications for unemployment benefits in the US continued to drop last week, further signaling progress in the recovery of the world’s biggest [...]