Markets

Australian Stock Market Report –Midday 3/6/2013

Mid-session Report.

12.50pm.

After a great run here at home yesterday where the ASX 200 index closed 1.3% or 64points higher, European and UK markets rallied. Regained confidence in the US markets pushed the UK FSTE index to a 5 year high at the close of trade.

But the Big news story overnight was the US Dow Jones index breaking out and reaching a new record high or 14,286 point. The Dow rallied past its last key level hit back in the pre global financial crisis (GFC) era, back in Oct 2007.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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