KKR triples ‘mini Berkshire’ profit to top analyst estimates
Nvidia slides as Huang faces board scrutiny over affair with alleged spy
Australian shares are set to rise on Tuesday morning, following a Wall Street rally driven by falling oil prices and stocks recovering losses from last week’s post-midterms rout.
S & P/ASX 200 futures were up 64 points, or 0.7 per cent, to 9097 near 4am (AEDT).
The S & P 500 was up by 2 per cent near midday New York time, while the Nasdaq pushed 2.5 per cent higher. The strength came despite a 5.5 per cent fall in Nvidia, whose chief executive Jensen Huang is under pressure over a relationship with an alleged Chinese spy.
Oil fell 4.5 per cent to hit a 10-week low after US President Donald Trump said fresh attacks on Iran were “highly unlikely”.
