1. NSW Premier Gladys Berijiklian says repeated lockdowns are not an option in NSW. "It would be dishonest for me, as much as we'd love elimination, to be able to be in that state, it's not going to happen in New South Wales, it never will," she said. "We need to be very aware that we can't keep opening, closing lockdown, not lockdown, we can't have that repeatedly occur every time there's an outbreak. We have to learn to manage these breaks. There is no end date. We don't know how long it will take before there's a vaccine."

2. HR tech company ELMO say their cash receipts rose 26.2 per cent in the June quarter. This is one of Switzer's ZEET stocks, which he backs as the new wave of tech stocks in Australia that also include Zip Co, EML and Tyro.

3. US biotech company Moderna have completed their first phase of a COVID-19 vaccine, which showed safe results and provoked immune responses in all 45 volunteers. The vaccine is now entering its final stage of trials. Share prices in Moderna soared by 4.54% to 75.04.

4. Woodside Petroleum have reported a sales revenue drop of 29% due to lower energy prices from COVID-19, despite reported a quarterly record for oil and gas production between March and June.

5. The ASX is tipped to rise as the Dow closed up 2.13% to 26,642.59, the S&P 500 jumped 1.34% to 3,197.52 and the Nasdaq was up 0.94% to 10,488.58.