Australia markets closed

Yahoo Finance's Thursday morning wrap

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Good morning.

Here’s everything you need to know in finance today.

The ASX is set to open higher after a strong night on Wall Street, where all three main indices closed at record highs. The Dow Jones Industrial average finished up 0.16 per cent, and the S&P 500 was up 0.42 per cent. The Nasdaq Composite was up 0.66 per cent. 

Wall St’s record levels are partially due to new data suggesting the US has a resilient domestic economy, and trader hopes of a resolution to the China-US trade dispute

“There's that drumbeat about an impending trade deal and that's going to keep stocks moving higher," said Kim Forrest, chief investment officer at Bokeh Capital Partners in Pittsburgh.

Closer to home, a CEO has shared how a devastating series of family tragedies led her to launch a multi-million dollar medical device company. 

Researchers have said there could be a link between cashless welfare cards and population drops in remote towns, due to stigma and poor implementation. 

Bad habits are hard to break. But according to these 10 experts, habits like poor discipline will cost you sorely in the future, and it’s time for you to break up with those poor habits. 

Property developers are getting desperate, and they’ve started offering some major freebies to get buyers in the door. These can be free utilities, strata fees, mortgage repayments and even cars. But these freebies aren’t without risk. 

Aussie households waste $1,026 in food every year, or 298kg per person. Here’s how to fight the waste.

Have a great day.

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