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ASX 200 futures are up 0.41%, indicating a likely 35-point gain at open.
KEY POINTS
ASX 200 fell about 0.8% in May, down approximately 73 points for the month.
Dow Jones closed at a new record high of 50,579.70, gaining 294 points.
Wall Street's strong finish last week is expected to boost ASX 200 performance.
ASX 200 futures are showing an increase of 0.41%.
That translates to a jump of around 35 points.
It finished Friday at 8,657 points, up 13 points for a rise of 0.2%.
But for the month of May, it is down about 73 points or 0.8%.
Wall Street ended last week strongly to give us optimism for the new trading week.
The Dow Jones was at 50,579.70, up 294 points or 0.6%, which was a new record closing high.
The S & P 500 was 7,473.47, up 27.75 points or 0.4%
And the Nasdaq Composite finished at 26,343.97, up 0.2%.
Good morning and happy Monday!
I'm Jason Dasey, ABC News business reporter, and I will be with you to start our business blog for another week.
And all signs are pointing to a more positive session for the ASX 200, with futures pointing upwards.
And this is something that is much needed after a largely depressing May for traders.
So could there be light at end of the tunnel for Australian markets?
Let's find out!
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