Aussie Shares Set to Rise, Star Entertainment Faces Court

0:00It's March 4th. Here's your Sydney news in two minutes. Australian shares are poised to start the day higher, writing the wave of solid gains on Wall Street overnight. ASX 200 futures point to a 0.9% rise, landing at 8,938 points, while the Australian dollars strengthen 0.6% to 70.76 US cents. Wall Street saw the Dow Jones climb 0.6%, the S&P 500 gained one percent, and the Nasdaq jump 1.8%, with Europe's FTSE also up 0.8%. Meanwhile, star entertainment group faces court today over alleged money laundering breaches, and a judgment could come later this afternoon. Traders will also watch January household spending data due before lunch, as gold edges up 0.8% to $5,100. $27 per ounce, and Bitcoin surges 8.2% to $73,584.

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