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ASX on three-day winning streak after Wall Street ‘buying bonanza’ – NEWS.com.au

ASX on three-day winning streak after Wall Street ‘buying bonanza’

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The Australian sharemarket surged after a strong lead from Wall Street, and while the local bourse dipped at the close, it gained enough to recoup last weeks losses.The S&P/ASX200 finished 0.92 per cent higher at 6824.6 while the All Ordinaries Index gained 0.9 per cent to 7090.9.
The US market rocketed higher on the back of improving US vaccine distributions, more evidence US President Joe Biden will push for a larger fiscal stimulus rather than seek bipartisan compromise and companies including…

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