Feb 25 • 20:21 UTC 🇦🇺 Australia ABC News AU

Live: ASX poised for fresh record as Wall Street powers higher

The ASX is set to reach new highs as Wall Street continues its tech-driven rally ahead of key Nvidia earnings, buoyed by rising commodity prices.

The Australian Securities Exchange (ASX) is currently on track to achieve a new record, following an optimistic trend from Wall Street, which is experiencing a rally predominantly led by technology stocks. Investors are looking forward to the upcoming results from Nvidia, which are anticipated to be announced after the US market's close. This positive sentiment is further supported by stronger commodity prices, which are essential for the performance of the ASX.

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