Wall St rebounds as tech stocks jumped: ASX to open higher
17 May 2021 - The ASX is set to rise following Wall St closing its second straight session in the black. The week ended with a broad-based rally which followed a heavy sell-off led by technology shares as inflation fears outweighed the signs of a recovering economy. Beacon lighting (ASX:BLX) is set to acquire its fourth property in Sydney for $11.2 million as part of establishing a new subfund.