Latest stock market news videos & Morning Bell

Aussie shares are eyeing a 0.6% gain at the open, which means we could rise for the 5th straight day extending that new 6-week high set yesterday.

Records have been broken on Wall Street with Facebook and Amazon shares soaring to all-time highs. 

A trading idea for today, Bell Potter has Australian Agricultural Co (ASX:AAC), as a buy with a price target of $1.40, implying a 26% share price growth in a year from yesterday’s close of $1.11. 

Investors will be watching Aristocrat (ASX:ALL) & the pre-release Manufacturing and Services industry data that is out for May, which could move markets.

In today’s morning bell, Jessica covers:

• Global markets – (0:01)
• Local markets – (0:40)

What to watch:

• Aristocrat (ASX:ALL) – (0:52)
• Manufacturing and Services data for May – (2:04)
• Bell Potter trading idea: Australian Agricultural Co (ASX:AAC) – (2:32)