25 April 2024
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AAP/DAN HIMBRECHTS

5 things you need to know today

Switzer Daily
27 May 2020

1. NSW Premier Gladys Berijiklian believes there will be a second wave of the virus and closures of schools will become a "new normal", after two Sydney schools in the Eastern suburbs were closed yesterday after students tested positive for COVID-19. The schools were Waverley College and Moriah College.

2. The New York Stock Exchange has reopened its trading floor, while maintaining social distancing rules and allowing fewer traders on the floor.

3. The European Commission will announce a COVID-19 related stimulus package, which is expected to strengthen the euro currency and boost markets across Europe.

4. A record number of flu vaccines have been recorded this year, with over 7.3 million people receiving the flu vaccine, up from 4.5 million recorded this time last year.

5. Australian shares are expected to open lower today. Industrials and tech stocks led the jump in the Dow, which closed up 2.17% to 24,995.11. The S&P 500 was up over 3000 at one stage, but closed on 2,991.77 which is a 1.23% increase. Nasdaq rose 0.17% to 9,340.22.

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