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Australian shares to recover, as Amazon and tech stocks boost Wall Street – ABC News

The Australian share market is set to rebound this morning, as it tries to claw back some of its heavy losses from the past four days.

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Australian shares are set to rebound in early trade, as the market tries to claw back some of its heavy losses from the past four days.
Key points:

  • The Australian dollar traded as high as 73.24 US cents in the past week
  • Preliminary retail sales are tipped to fall 3-4pc in August
  • Amazon and tech stocks led a rebound on Wall Street overnight

ASX futures were up 60 points, or 1.1 per cent by 8:00am AEST.
The Australian dollar fell (-0.7pc) to 71.66 US cents, ne…

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