ASX to rise, Dow paces gains in New York

AUD -0.1% to 65.30 US cents

Bitcoin -1.6% to $US68,689 at 6.08am AEDT

On Wall St at 3.08pm: Dow +0.8% S & P +0.4% Nasdaq +0.1%

In New York: BHP +1.4% Rio +2% Atlassian +0.1%

Tesla +1.4% Microsoft -0.5% Apple +1.8% Nvidia -3%

Alphabet -0.5% Amazon +0.3% Meta -0.8%

Merck +5.1% Intel +3.2% Honeywell +1.6%

Stoxx 50 +0.4% FTSE +0.1% DAX +0.5% CAC +0.3%

Spot gold +0.6% to $US2191.93/oz at 1.30pm in New York

Brent crude -0.6% to $US85.73 a barrel

Iron ore -2.9% to $US101.15 a tonne

10-year yield: US 4.19% Australia 4% Germany 2.29%

US prices as of 3.04pm in New York

What’s driving markets

Merck & Co won US approval for a new treatment for a rare, dangerous form of high blood pressure that’s expected to be among the company’s hits as sales from successful older drugs begin fading later this decade, Bloomberg reported.…

This data comes from the ChinaPulse.com media intelligence and smart news insights monitoring platform.