The ASX is expected to hit a fresh record high after Wall Street's S&P 500 also closed at a record. Follow the day's events and insights from our business reporters on the ABC News live markets blog.

The ASX is expected to hit a fresh record high after Wall Street's S&P 500 also closed at a record. Follow the day's events and insights from our business reporters on the ABC…

Shares to rise with Westpac tipped with $1.9b cash profit; $A hits two-month high; Wall Street up; Car Group to post earnings. Follow updates here.