Market wraps 2nd April 2020
Morning Bell - Jessica Amir
Aussie shares track 1.9% lower after the White House projected 100,000 to 240,000 COVID19 deaths in the U.S.
The S&P500 lost 4.4%, but after Wall Street closed, its futures lifted, suggesting a bounce back.
The energy sector charges for the second day as oil rises 5%. IDP Education shares surged 22% after it raises more money than expected and assured investors it’s now adequately funded to navigate the coronavirus uncertain times. Gold miners like Evolution Mining and St Barbara lift. Bell Potter Research updates on Suncorp and Australian Pharmaceutical Industries.