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Overseas markets

US markets rallied strongly overnight with technology shares again in vogue ahead of expected strong earnings numbers from Amazon and Alphabet, both of whom are due to report after market. The S&P500 rallied to within 1% of its all-time high. Gains were broad based with tech also enjoying strong gains but the financials were the standout performers with gains nudging 3% which bodes very well for the ASX this morning.

MM remains bullish global stocks through 2021 albeit in a volatile manner

For those with interest GameStop shares crashed another 50% overnight, the “Reddit Army” may have already come and gone!

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US S&P500 Index
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