ASX to open higher after strong Wall Street Close

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ASX to open higher after strong Wall Street Close

The Australian share market is poised to open higher on Tuesday following a robust closing by Wall Street on Monday. Strong commodity prices are likely to boost domestic energy and gold stocks. According to the latest SPI futures, the ASX 200 is expected to open 14 points or 0.2% higher on Tuesday. On Monday, the benchmark index rose ever so slightly to 7,148.9 points. The crypto market continues to struggle. Bitcoin has once more dipped below the $30,000 us dollar mark, and In the past 24 hours the global crypto market capitalisation has decreased by 3.48% for a valuation of more than $US1.25T.

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