Monthly Archives - May 2022

Wall St gains, Macquarie rates Super Retail, Myers, Xero, Appen, Perpetual on watch: ASX to rise

26 May 2022 - US stocks popped higher as investors felt hopeful that the economy will slow down enough for the central bank to consider adjusting its rate hiking cycle towards year end while digesting a weaker outlook from retail giants. M&As are heating up. Keep an eye out for Westpac (ASX:WBC), Infratil (ASX:IFT), Perpetual (ASX:PPT), and Pendal Group (ASX:PDL).