viewApple Inc.

S&P/ASX 200 set to rise as US market rallies and AUD weakens

S&P 500 Index closed up 0.84% while the Nasdaq Composite closed up 1.33%.

cabs in nyc nasdaq sign in background
Gold stocks are in for a good day with the price staying high and AUD fading

S&P/ASX 200 (INDEXASX:XJO) (ASX:XJO) futures are pointing to a stronger start this morning after US markets posted solid gains overnight and our dollar weakened.

The S&P 500 Index (INDEXSP:.INX) closed up 27.07 or +0.84% to 3,257.85 and the Nasdaq Composite (INDEXNASDAQ: .IXIC) closed up 119.58 or +1.33% to 9,092.19.

Notably, Apple Inc. (NASDAQ:AAPL) closed at an all-time high of US300.35 per share.

The AUDUSD has taken a breather from its recent gains down 0.4% overnight to 0.6987.

Gold continues its recent upward move trading up $US11 or +0.74% to US$1,528 per ounce while WTI Crude Oil was down 0.18% to US$61.17 per barrel.

There is no economic data set for release in Australia today but tonight there is a number of data points being released in the US including monthly ISM Manufacturing PMI and FOMC detailed meeting minutes.



Quick facts: Apple Inc.

Price: 438.29 USD

Market: NASDAQ
Market Cap: $1.87 trillion

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