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ASX 200: Paladin, Telix soar; Trump's softer China, Powell stance buoys markets; Tesla profit drops

Trade deals optimism rises as US President Donald Trump softens stance on China, Fed chair Jerome Powell. Paladin top gainer. Safe-haven gold pulls back from its record high.

Investors are trying to stay tuned in to rolling global and local tariff and other updates as well as US President Donald Trump's changing thoughts.
Investors are trying to stay tuned in to rolling global and local tariff and other updates as well as US President Donald Trump's changing thoughts.
The Australian Business Network

That's all from the Trading Day blog for Wednesday, April 23. The ASX 200 index closed up 1.3 per cent at 7920.50 points with all sectors green but gold miners falter.

On Wall Street, the S&P 500 rallied 2.5 per cent and the Dow Jones and technology-focused Nasdaq lifted 2.7 per cent, respectively.

Cryptocurrency giant bitcoin has climbed above $US93,000.

The Aussie dollar is trading around US63.95c.

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Original URL: https://www.theaustralian.com.au/business/trading-day/asx-200-live-all-the-latest-trump-tariff-updates-business-results-updates-and-economic-news/live-coverage/d591772074303a4525a2474f8f2c5804