The COB from ausbiz

A dovish tone from the Fed... and markets rallied. Stocks of the day ANZ, CBA, NAB, WBC...


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Very much the same old message from the FOMC last night with Chairman J Powell remaining dovish in tone. And in response... markets rallied. The ASX closed up around 0.7% with tech and telcos leading the way. Big night ahead in the US with Facebook, Apple and Google all reporting after their tongue lashings from Capitol Hill's antitrust committee. Our top three VODs today are:

Marley Spoon into the green

Fortescue already looking to the next decade

Pricing markets as if the virus is going to be here for the long term

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