ASX set for positive open as Wall Street advances - Sydney Morning Herald
4/3/2022 12:00:00 AM3 years 1 month ago
by Stan Choe and Alex Veiga
by Stan Choe and Alex Veiga
Stocks notched modest gains and Treasury yields soared on Wall Street after a healthy report on the US job market strengthened expectations for coming interest rate hikes.
A separate report showed that US manufacturing is continuing to grow, though at a slower rate than in February. A strong jobs market and economy give the Federal Reserve more leeway to raise interes… [+3393 chars]
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