Australia Markets closed

Yahoo Finance morning wrap for Thursday

What you need to know on August 22, 2019. (AAP Image/Kelly Barnes)

Good morning.

Here’s what you need to know in Australia and beyond to start your day:

ASX: The Australian share market is expected to open higher as investors await a slew of corporate results.

The SPI200 futures contract was up 27 points, or 0.42 per cent, at 6,466.0 at 0700 AEST, suggesting a positive start for the benchmark S&P/ASX200 on Thursday.

On Wall Street overnight, the Dow Jones Industrial Average finished up 0.93 per cent, the S&P 500 was up 0.82 per cent and the tech-heavy Nasdaq Composite was up 0.90 per cent.

Career paths: They’re not as straightforward as they used to be – you know, you do law, become a lawyer.

“But the reality is most people that actually do law or and have done law for the last 30 odd years are not practicing lawyers and are not actually doing any legal work whatsoever,” says Sally-Ann Williams, CEO of Cicada Innovations. She’ll be speaking at Yahoo Finance’s All Markets Summit on the 26th September 2019 in the Shangri-La, Sydney.

The death of shops: Online shopping. Right? Not quite. According to retail and consumer behaviour expert Amanda Stevens, not a lot of retailers have got their customer experience right. So where are they going wrong?

Stevens will also be speaking at the All Markets Summit held in Sydney’s Shangri-La.

August 22: there’s quite a bit of history to today’s date. For example, on August 22 1911, Leonardo da Vinci’s Mona Lisa was stolen from the Louvre, and this day in 2006 was when a Russian jet crashed in Ukraine in a thunderstorm minutes after sending a distress signal, killing 170 people on board.

This time last year, Malcolm Turnbull was rallying support for his leadership after declining the resignations of ministers who had supported Peter Dutton in the Liberals leadership spill.

No-deal Brexit: French President Emmanuel Macron says a no-deal Brexit would be of Britain's own making and not the EU's, and any trade pact between the UK and US would not mitigate the cost of such an outcome.

The French leader said the demands made by British Prime Minister Boris Johnson for a renegotiation of the divorce deal, including the removal of the Irish backstop, were not workable.

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