Morning Wrap: ASX 200 to open at record highs, Wall Street rallies + Uranium, gold stocks higher

S&P 500, Nasdaq and gold all hit fresh record highs overnight, bond yields and the US dollar continued to ease following Powell’s second day of speaking at Capitol Hill, Novo Nordisk surpasses Tesla in market cap, the European Central Bank kept rates on hold but markets increasingly expect a June rate cut.

Let’s dive in. S&P 500 SESSION CHART

S&P 500 intraday S&P 500 gaps up and finishes near best levels (Source: TradingView) ASX TODAY

ASX 200 set to open at another fresh all-time high Coast Entertainment 48.5m block trade crosses at 45.5 cents (3.2% discount to last close) representing 10.1% of the company Genesis Minerals reports first-half net profit of $17.7m, says its making rapid progress towards goal of producing 300,000 ounces per annum ( Announcement ) Ramelius in exclusive due diligence to buy Karora ( AFR ) Pacific Current sells 4.0% GQG […]

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