Business
Why these leading ASX gold and tech shares could rally on through 2021
As the first trading week of 2021 nears its end, the new year continues in the path of the old — delivering new global share market highs.
Despite the extraordinary turmoil on display in Washington DC, where rioters stormed the US Capitol Building to protest Joe Biden’s confirmation as president, every major US share index closed at new records yesterday (overnight Aussie time).
The S&P 500 Index (SP: .INX) gained 1.5%, while the tech-heavy Nasdaq Composite Index (NASDAQ: .IXIC) again led the charge, closing the day up 2.6%. That puts the Nasdaq up more than 43% since this time last year.
Gold shares dip, tech shares rally
In late afternoon trading, the S&P/ASX 200 Index (ASX: XJO) is following the US lead higher.
The ASX 200…
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