27 October 2020
1300 794 893
AP/David Cheskin

5 things you need to know today

Switzer Daily
19 August 2020

1. The Morrison government announced Australia has secured 25 million doses of the Oxford University COVID-19 vaccine. The vaccine is one of the leading prospects in the global race and is already at phase 3 of clinical trial stages. The Prime Minister said "every single Australian" will be offered the free vaccine if it proves successful.

2. ANZ reported a rise in profit and confirmed they will pay out a 25 cent dividend.

3. CSL reported an almost 20% increase in full-year profits and will pay a final dividend of $US1.07 (AU$1.48), which is slightly higher than last year's dividend of $AU1.45.

4. The S&P 500 rose to an all-time high yesterday, beating its COVID-19 losses completely. The consumer discretionary sector rose the most, up 1.5% yesterday, but the bulk of the fast-paced bounceback has been credited to the "megacap" tech stocks, including Amazon, Netflix and Alphabet.

5. The Dow fell 0.24% to 27,778.07, the S&P 500 closed 0.23% higher to 3,389.78 and the Nasdaq jumped 0.73% to 11,210.84.

Click here to subscribe to the Switzer TV channel on YouTube and keep up to date with all of our shows.

Get the latest financial, business, and political expert commentary delivered to your inbox.

When you sign up, we will never give away or sell or barter or trade your email address.

And you can unsubscribe at any time!
1300 794 893
© 2006-2020 Switzer. All Rights Reserved. Australian Financial Services Licence Number 286531. 
homephoneenvelopedollargraduation-cap linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram