ASX set to inch up, Wall Street higher as US flags bond buyback
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Source: The Age
Published: 2026-08-20 05:28 UTC+10:00
Section: Business / Markets
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Business, Economy & Finance, Financial Markets, Business & Economy
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Snippet:
US stocks are ticking higher after the US Treasury Department said it will buy more US government bonds in a move that eased pressure on financial markets worldwide. Strong profit reports for the spring from Estee Lauder, Target and other US companies are also helping to support the stock market.
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