ASX 200 live updates: Stocks up 1.3pc, led by BHP, Fortescue, Rio Tinto, AMP

ASX snaps its three-day losing streak, closing up 1.3 per cent. Miners including BHP, Fortescue and Rio Tinto outperformed. AMP top riser, rising 12 per cent on $699m DigitalBridge deal. It was the best day in three months.

Markets are volatile after three-days of decline as traders price in higher interest rates. Picture: Paul Miller / AAP Image

Welcome to the Trading Day blog for Thursday, April 28. ASX ends its three-day losing streak, closing up 1.3 per cent. Miners including BHP, Fortescue and Rio Tinto outperformed. AMP soars on $699m DigitalBridge deal.

The benchmark S&P/ASX 200 closed 1.3 per cent higher at 7,356.9. It was the best day in three months as investors piled into miners BHP, Fortescue and Rio Tinto.

AMP was the top performer, rising 12 per cent on the back of its $699m DigitalBridge deal. It is the financial services group's second asset sale in two days.

Stocks also advanced across Europe despite Russian oil giant Gazprom halting gas supplies to Bulgaria and Poland for failing to pay in roubles. Asian shares were mixed.

In the US, the benchmark Dow Jones Industrial Average gained 0.2 per cent as did the S&P 500, while the tech-heavy Nasdaq closed little changed before Meta reported profit that topped forecasts, sending the shares soaring in after-hours trading.

Among commodities, iron ore futures rose 0.1 per cent to $US150.52 a tonne, while US Nymex crude oil was 0.3 per cent higher overnight to $US102.02 a barrel.