Good morning and welcome to another week of markets. If you’re still emerging from your four-day weekend, chocolate indulgence (or both), it’s Tuesday April 11.
It’s shaping up to be a big week (albeit a shorter one) for the markets, with the ASX tipped to open slightly higher this morning, thanks to the brief increase when ASX futures were traded on Good Friday (New York time).
Over on Wall Street, it’s been a bit of a mixed bag. The S&P 500 closed 0.1% higher, and the Dow was up 0.3%, but the tech-heavy Nasdaq ended the trading day lower, shedding -0.1%.
The Nasdaq’s slip came from losses in major tech players, with Apple down -1.6%, Tesla -0.3%, and Google’s parent company Alphabet losing -1.8%.
The US markets are going to be going through it this week, too — key inflation data is out later this week, as are bank earnings.
Back home, and we’re going to get a picture of consumer confidence a little later this morning, along with NAB’s March business survey.
Pour a coffee, warm up a hot cross bun or two (if you have any left) and let’s dive on in.
