Morning Wrap: ASX 200 to rally, S&P 500 and Nasdaq score another record close, Uranium stock rally

ASX 200 futures are trading 73 points higher, up 0.93% as of 8:30 am AEST.

The S&P 500 closed above 5,600 for the first time on broad-based gains, Apple says new AI features could bump iPhone shipments up by more than 10% this year, uranium stocks soar after unexpected new mineral tax in Kazakhstan and the ASX 200 is set to have a crack at all-time highs.

Let’s dive in. Overnight Summary

Thu 11 Jul 24, 8:22am (AEST) Name Value % Chg Major Indices S&P 500 5,634 +1.02% Dow Jones 39,721 +1.09% NASDAQ Comp 18,647 +1.18% Russell 2000 2,052 +1.10% Country Indices Canada 22,350 +1.40% China 2,939 -0.68% Germany 18,407 +0.94% Hong Kong 17,472 -0.29% India 79,925 -0.53% Japan 41,832 +0.61% United Kingdom 8,194 +0.66% Name Value % Chg Commodities (USD) Gold 2,379.7 +0.50% Iron Ore 108.74 -1.60% Copper 4.6085 +0.68% WTI Oil 82.1 +0.85% Currency AUD/USD 0.6747 +0.07% […]

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