Morning Report 6 Apr 20: ASX set for gains on Monday despite losses on Wall St

US sharemarkets fell on Friday. The only sector to gain was consumer staples, up 0.5%. Energy fell 1.3% despite a higher oil price. Shares in Tesla rose 5.6% after the electric car maker reported deliveries ahead of schedule. The Dow Jones index fell by 361 points or 1.7%, after trading in a 743 point range. The S&P500 index lost 1.5% and the Nasdaq fell by 114 points or 1.5%. Over the week the Dow fell by 2.7%, the S&P 500 index fell by 2.1% while the Nasdaq lost 1.7%.

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