ASX to open flat as George Clooney confirms $1.37m rumour
Good morning.
Here’s Yahoo Finance’s Thursday morning wrap.
ASX: The ASX is expected to open flat on news that a coronavirus vaccine may be just around the corner.
Pfizer Inc said it plans to apply for authorisation of its vaccine within days after a late-stage trial showed it was 95 per cent effective.
The ASX finished Wednesday higher with the S&P/ASX200 hitting 6,351.10 points and the All Ordinaries 6,726.50 points.
Wall Street: US share markets finished Wednesday lower as investors considered soaring coronavirus cases against the hopes of a vaccine.
Airline shares lifted as Boeing was approved to fly its 737 MAX aircraft again.
Unofficially, the Dow Jones Industrial Average fell 344.93 points, or1.16 per cent, to 29,438.42, the S&P 500 fell 41.74 points or 1.16 per cent to 3,567.79 and the Nasdaq composite lost 97.74 points, or 0.82 per cent to 11,801.60.
Check in: Workers are being urged to check in on colleagues as the prevalence of poor mental health increases. The Mentally Healthy Workplace Alliance is a group of 15 organisations across community, government, mental health, union and business sectors which aims to support businesses in helping their workers lead mental healthy lives.
Unemployment: Fresh unemployment figures will be released this morning with experts predicting the jobless rate will hit 7.1 per cent. That’s still lower than the 7.5 per cent peak in July, which was the highest rate in 22 years.
Warning sign: While most Australians who deferred their mortgage have resumed payments, there’s a small group who haven’t. Here’s what the data is telling us lies ahead.
NAB: After a major scare on Wednesday, NAB will reopen its branch doors across Australia. The security threat that shuttered businesses across the country has been deemed a hoax.
Virgin: Virgin Australia has exited voluntary administration with a new look. It plans to offer itself as a mid-service airline which offers quality at a budget. But there’s one big change coming to flights. Will you miss this feature?
Crown: The $2.2 billion Crown casino was set to open at Sydney’s Barangaroo in December but those plans have been put on hold amid explosive money laundering revelations.
George Clooney: One of the best things about being a kid was getting a lolly bag at the end of a party, a treat that doesn’t exist once you’re an adult.
That is, unless you’re one of Hollywood mega-star George Clooney’s friends. The actor has confirmed that in 2013 he gave 14 of his closest friends US$1 million (AU$1.37 million) as a token of appreciation.
“I just thought basically if I get hit by a bus, they’re all in the will. So why the f**k am I waiting to get hit by a bus?” he told GQ for its Men of the Year issue.
Have a great day.
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