Waterfront City Skyline from Sydney City Downtown at night with brilliant lighting of modern architectural monuments in Sydney, Australia.
Photo Prasit | Moment | Getty images
The Australian markets were to join on Monday after the re -election of Prime Minister Anthony Albanese for a second term, while most Asian markets were closed for a vacation.
He is the country’s first Prime Minister to win a second consecutive term in 21 years – a decision that indicates the desire of Australians of political continuity in the midst of current macroeconomic perspectives.
The term contracts linked to the S&P / ASX 200 amounted to 8,280, pointing towards the stronger opening than the end of Friday 8,238, when it has reached its highest level since February 27.
The Japanese, South Korean, Hong Kong and Chinese markets were closed for public holidays.
Us Futures dropped, reversing the solid victories course to Wall Street last week.
Broad S&P 500 ended last Friday the session of 1.47% more at 5,686.67. This has marked his ninth consecutive day of winnings and is his longest winning race since November 2004. The reference also managed to recover all the losses suffered since April 2, when US President Donald Trump announced reprisal rates.
Meanwhile, the industrial average of Dow Jones jumped 564.47 points, or 1.39%, ended at 41,317.43, and the Nasdaq composite gained 1.51% to 17,977.73.
– Sean Conlon of CNBC and Hakyung Kim contributed to this report.
