Volatility eases overnight but tentative trading expected

Wed, 01 Apr 2020

Australian stock futures are pointing to a lift across the ditch and potentially here after a tidal wave of monetary and fiscal stimulus across the globe eased volatility on Wall Street. The Dow Jones Industrial Average was down 0.6 percent at 8am in Wellington, the Nasdaq was up 0.3 percent while the S&P 500 was up 0.7 percent.The Dow Jones and S&P 500 indices are set to end the quarter more than 18 percent lower than at the start of the year, according to Reuters. The declines have wiped more than US$5 trillion from the value of...

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