Business
ASX follows Wall Street rally led by tech rebound – ABC News
The Australian share market closes higher after a partial rebound in beaten-down technology stocks sees Wall Street bounce back from previous heavy losses.
The Australian share market has closed off its opening highs but still recouped some of yesterday’s big losses following a big tech rebound that led Wall Street higher.
Key points:
- The Nasdaq led US stock gains with a 2.7 per cent bounce
- FAANG stocks rose, with Apple, Microsoft and Amazon leading blue chip tech gains
- Tesla erased close to half of yesterday’s 21 per cent slump, with an 11 per cent gain
The ASX 200 index closed up 0.5 per cent at 5,909, after W…
Continue Reading
-
General23 hours agoAs Iran-Australia relations plunge to a new low, Tehran faces another diplomatic setback
-
Noosa News10 hours agoPill checking to resume in Queensland months after government axed funding
-
Noosa News20 hours agoBrisbane nation’s third-youngest capital; Leaders condemn anti-immigration rally
-
Noosa News20 hours agoQueensland government and nurses and midwives reach in-principle pay deal after months of negotiation