ASX closes higher on tech rally; NAB jumps on profit beat

ASX closes higher on tech rally led by Block. Bapcor the market leader while CIMIC the laggard on a profit collapse, Senate sinks proxy reforms and AMP flags $252m loss.

Traders are await a flurry of earnings results including from AGL, AMP and National Australia Bank. Picture: Paul Miller / AAP Image.

Welcome to the Trading Day blog for Thursday, February 10. ASX closed higher for a third consecutive session as tech stocks rallied.  It came as shares in CIMIC dove 7.1 per cent after it posted a 35 per cent drop in profit and NAB jumped on a strong trading update.

The benchmark S&P/ASX 200 index ended 0.3 per cent higher to 7288.5, while the All Ordinaries added 22.7 points to 7595.5.

In the US, the Dow Jones Industrial Average closed up 0.9 per cent, the S&P 500 has added 1.5 per cent and the tech-heavy Nasdaq rallied 2.1 per cent.

Iron ore is down 2.1 per cent overnight to $US146.75 a tonne. The US Nymex crude price added 0.8 per cent to $US90.06 a barrel.