09 Jul Australian shares hint at higher start tracking Wall St., NZ inches up
An extended rally on Wall Street could
bolster Australian stocks to a better start on wednesday after
strong results from PepsiCo signalled a positive earnings season
ahead.
The S&P 500 rose for a fourth session on Tuesday to
post its highest close since Feb. 1.
The local share price index futures rose 0.3
percent or 16 points, to 6,227, but mining stocks could hamper
the rise on overnight weakness in base metal prices. The
benchmark
bolster Australian stocks to a better start on wednesday after
strong results from PepsiCo signalled a positive earnings season
ahead.
The S&P 500 rose for a fourth session on Tuesday to
post its highest close since Feb. 1.
The local share price index futures rose 0.3
percent or 16 points, to 6,227, but mining stocks could hamper
the rise on overnight weakness in base metal prices. The
benchmark
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