The Australian sharemarket looks set to outperform Wall Street as investors fret over restrictions on artificial intelligence and data centres in North America, pushing them towards domestic blue-chip stocks.
Futures indicate that the S & P/ASX 200 will open 0.2 per cent higher on Monday, following a subdued recovery in the US on Friday (Saturday AEDT), when some investors braved the volatility to buy the dip in technology stocks.
Gift articles to anyone you choose each month when you subscribe.
