1 October we become SureStone CapitalSame team, same ABN. Our website and email addresses move to surestone.com.au.
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The Australian share market is set to begin the week lower with ASX futures down 0.2%, as the Nasdaq notched up yet another record high close on Wall Street.
For the week, Nasdaq added 2%, the S&P 500 rose 1.6% and the Dow climbed almost 1%. The megacap tech stocks drove the Nasdaq higher, as Microsoft gained 1.8% after the tech giant avoided a possible hefty EU antitrust fine by offering customers reduced prices for Office products excluding Teams.
US consumer sentiment fell for a second straight month in September as consumers saw rising risks to business conditions, the labour market and inflation. The survey's measure of consumer expectations for inflation over the next year was unchanged at 4.8% this month.
The US dollar index was little changed, meanwhile the Australian dollar is trading at US65.5c.
