Latest stock market news videos & Morning Bell
Morning Bell 21 May
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:
