The ASX200 is set to open 0.11% higher today, following Friday’s record close of 8209.5 as investors await a rate cut decision from the Reserve Bank of Australia later this week. US stocks experienced some volatility at the end of the trading week, as the market processed a significant rate cut of 50 basis points from the Federal Reserve. Following a rally on Thursday, they ended the day mixed on Friday: the S&P 500 and Nasdaq fell 0.2% and 0.3%, respectively, while the Dow Jones increased by 36 points. The RBA is set to meet on Tuesday, but commentators are anticipating its board may continue…
