ASX to rise, S&P 500 resets record, China in focus

News Snapshot:

Pinned post – 7.39AM Australian shares are poised to edge up at the opening bell, with traders expecting tepid economic growth figures to be among a flurry of data due this week and reinforce forecasts that central banks will begin cutting interest rates later this year. Futures indicate the benchmark S & P/ASX 200 Index is set to add 0.1 per cent, or 11 points to 7756.6 at the start of trade. It comes as the tech-heavy Nasdaq Composite and S&P 500 closed at record highs on Friday 16,274.94 and 5137.08, respectively. On Friday, the S & P/ASX 200 finished...