Scoreboard: Mellow market

The Australian market looks set to open slightly higher following the S&P 500’s record close on Friday and after a weekend of elections in Europe.

There weren’t any fireworks, but the S&P500 closed at a new record on Friday at 7.00pm (AEST), with the Dow not too far off its own record. In fact, not only were there no fireworks but volumes were at their weakest level for the year. The index kind of just limped along.

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