ASX set to edge higher as European markets take centre stage

asx set to edge higher as european markets take centre stage

Sumary of ASX set to edge higher as European markets take centre stage:

  • With Wall Street closed for its Thanksgiving holiday, European shares rose were in focus as investors bought into defensive sectors such as utilities amid worries about soaring coronavirus cases across the continent.
  • Utilities and healthcare stocks, sectors considered as safer bets during times of economic uncertainty, were among top gainers.
  • After concerns about faster US rate hikes dented global sentiment, strong economic data helped Wall Street close higher on Wednesday and supported markets across the globe.

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