Business
Afterpay & Zip jump, Fortescue tumbles
At lunch on Monday the S&P/ASX 200 Index (ASX: XJO) is back on form and storming higher. At the time of writing, the benchmark index is up 1.5% to 6,774.9 points.
Here’s what is happening on the market today:
Tech shares rebound
The tech sector is rebounding after a positive night of trade on Wall Street’s Nasdaq index on Friday night. The likes of Afterpay Ltd (ASX: APT) and Zip Co Ltd (ASX: Z1P) are recording notably strong gains are helping to drive the S&P/ASX All Technology Index (ASX: XTX) 2.6% higher at lunch. On Friday night the tech-focused Nasdaq index rose 0.5%.
Fortescue share price tumbles
The Fortescue Metals Group Limited (ASX: FMG) share price has come under pressure on Monday. However, the pullback in the…
-
Noosa News16 hours agoWoman dead and man rushed to hospital with gunshot wound following crash near Aussie World on Queensland’s Sunshine Coast
-
General22 hours agoBoy dies after being trapped between rocks off NSW beach
-
Noosa News23 hours agoFarmer Fred Perry’s 30-year conservation project creates bird haven after years of ‘bashing and burning’
-
Noosa News22 hours agoDetectives continue to search for answers on Crystal Beale’s death