Good morning and welcome to Thursday’s markets live blog, where we’ll bring you the latest price action and news on the ASX and beyond.
A tech rally on Wall Street overnight sets the tone for local market action today.
The S&P 500 gained 0.3 per cent, the Nasdaq Composite up 0.6 per cent and The Dow Jones index dropped 0.1 per cent.
ASX futures were up 17 points or 0.2 per cent to 7,506 at 7:00am AEDT.
At the same time, the Australian dollar was steady at 65.75 US cents.
Brent crude oil was up 0.8 per cent, trading at $US80.17 a barrel.
Spot gold shed 0.8 per cent to $US2012.69.
Iron ore rose 2.4 per cent to $US135.15 a tonne