Business
ASX pushes ahead as Wall Street welcomes COVID stimulus – Sydney Morning Herald
Big banks and technology stocks buoy the S&P/ASX 200 index as market take heart from strong US and European markets.
Coming into this session today was all about waiting to see if the US House of Reps was going to vote on the bump up in stimulus and the market was initially buoyed by that.
“The imminent UK approval of the Oxford Zeneca vaccine also gave market sentiment a boost,” she said.
She added that the big share price rises for underperforming stocks like Pinnacle Investment, Ardent Leisure and Galaxy Resources on no fresh news was purely based on the fact that there is likely to be another vaccine approved…
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