Business
ASX nudges 7100 as blue-chips fire; Pepper sags on ASX debut – The Sydney Morning Herald
The ASX 200 rose to touch the 7100 barrier this morning, powered by gains for the banks, miners, and tech stocks. Wall Street’s lead was strong.
Asian shares climbed on Tuesday, tracking a Wall Street rally overnight, while the US dollar held near a fourth-month low as investors tempered fears about inflation-driven rate hikes.
MSCIs broadest index of Asia-Pacific shares outside Japan was up 1 per cent at a two-week high, after US stocks ended the previous session with mild gains.
Japans Nikkei stock index rose 0.6 per cent.
Japans Nikkei is higher on Tuesday. Credit:AP
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