Rise and Shine: Everything you need to know before the ASX opens

Here’s what you should know before the ASX opens today…

At 7am AEST Tuesday, ASX futures were 0.7% higher, which points to an upbeat start to the session.

Here’s what happened overnight…

Wall Street up, tech stocks on the mend

Overnight trading in the US saw the S&P 500 gain 0.26%, the Dow Jones push into the green by 0.15%, and the Nasdaq composite move almost 0.5% higher on tech-based gains.

All three are closing back in on their all-time highs set only about a week ago.

Tech stocks are the main story of the morning, recovering at least some of their losses from a beating late last week.

Amazon added 1.09% after its its 5.1% hammering last week, and Microsoft rose about 0.6% to recover some of its 1.2% dip.

Meanwhile crude oil prices slumped.

But looking ahead, the market has its eyes on an incoming US jobs report landing at the end of the week. Traders and investors will be hoping for a decent balance there – enough for Jerome Powell and pals at the Fed to stay the course with interest rate cuts.

What else? A potential government shutdown still looms midweek in the US but investors largely seem to be looking past that for the moment.

Oh, and gold has hit a fresh new personal best. Broken record on that one in more ways than one.

Copper made the strongest move to the upside on the list below, though, followed by Bitcoin.

Commodity/forex/crypto market prices

What got you talking

Also in the news…

Health Check: Biotech investors reckon Trump’s tariffs may not be such a bitter pill.

Kristie Batten: Why this new producer could be the next Adriatic.

Is Bitcoin the 21st century’s digital gold? Animoca Brands and DigitalX are betting long.

Stock Tips: At least four stocks could be in rude health this week.

Trading halts

Anatara Lifesciences (ASX:ANR) – cap raise
Australian Mines (ASX:AUZ) – cap raise
Diablo Resources (ASX:DBO) – cap raise and project acquisition
Gold Mountain (ASX:GMN) – outcome of entitlement offer
Kingsland Minerals (ASX:KNG) – cap raise
Matsa Resources (ASX:MAT) – funding package and cap raise
Podium Minerals (ASX:POD) – metallurgical test results
Pursuit Minerals (ASX:PUR) – acquisition and cap raise
Sprintex (ASX:SIX) – cap raise
Yandal Resources (ASX:YRL) – cap raise

At Stockhead, we tell it like it is. While Adavale Resources and Animoca Brands are Stockhead advertisers, they did not sponsor this article.

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.