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Australian shares recover, as GameStop rebounds in final hour and Dow Jones climbs to new record high – ABC News
The Australian share market is off to a strong start as Qantas and Afterpay report bigger losses. Meanwhile, Wall Street’s industrial index, the Dow Jones, scales…
Australian shares are off to a strong start, after yesterday’s heavy losses, after Wall Street’s industrial index, the Dow Jones, scaled its latest record high and a sell-off in tech-related stocks eased.
GameStop’s share price has made a stunning comeback, more than doubling in the final tradinghour in the US, as investors piled into the struggling brick-and-mortar video game retailer.
The Australian dollar was sharply higher (+0.8pc) at 79.73 US cents, around its highest level in three years.
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