The Dow Jones index is up 3 per cent, and oil prices have fallen 8 per cent after the Democrats' big win in US elections.
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ASX 200 futures: +1.9% to 9,027 points
Australian dollar: +0.6% to 70.08 US cents
Brent crude: -8% to $US88.48/barrel
Live updates on the major ASX indices:
Hello, I'm Daniel Ziffer from the ABC business team and I'll be taking you through the morning on our business, finance and economics blog.
In mid-term elections, Democrats won big.
The left-leaning party now controls both houses of parliament in the US and won a swathe of races for governor and other positions, in elections held across the world's largest economy yesterday.
Overnight, Wall Street indices reacted: with a rocket.
The blue-chip Dow Jones of 30 mega-companies like Boeing and Visa was +3% to 53,342 points.
The broader S & P 500 that covers 500 of the largest listed companies in the US +1.7% to 7,698 points.
The tech-heavy Nasdaq was +1.7% to 25,811 points.
These numbers are live, and trading is continuing, we’ll update you when there’s a firm closing price.
Our market is set to follow, with the ASX 200 futures index tipping a lift of +1.9% or 171 points to 9,027 points.
There’s lots to get to, all of it news, analysis and information and none of it financial advice.
