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ASX to rise, Dow bolstered by energy sector

November 8, 2022
Source: afr.com afr.com
News Snapshot:
The yield on the US 10-year note was 4 basis points higher to 4.20 per cent at 12.40pm in New York. On Wall Street, shares were mixed at midday with the Dow and S & P 500 advancing. Energy paced eight of the 11 S & P industry groups higher along with health care and communication services. Lagging: utilities, consumer discretionary and real estate. Other top stories Labor to target super tax breaks The Albanese government will consider scaling back superannuation tax concessions for wealthy Australians as it seeks to repair the cash-strapped budget. Burke’s IR remix fails to find...
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