Live: ASX set to rise after Dow notches record closing high

A rally on Wall Street is likely to send Australian stocks higher following US retail sales data supporting the view the Federal Reserve is approaching its easing cycle, reining in inflation while avoiding a recession. Follow the latest updates in our live blog. A rally on Wall Street is likely to send Australian stocks higher following US retail sales data supporting the view the Federal Reserve is approaching its easing cycle, reining in inflation while avoiding a recession. Follow the latest updates in our live blog. Stock Market, Currency, Financial Markets, Tax, Money and Monetary Policy, Retail Industry, Banking, Company News Latest business news