ASX 200 strong finish, led by energy, tech stocks, RBA holds rates at 0.1%
ASX rallied late to finish nearly 1 per cent higher, driven by energy and tech stocks. RBA keeps rates on hold, Magellan hit on CEO exit, record month for Zip and travel stocks soar on Omicron relief.
Welcome to the Trading Day blog for Tuesday, December 7. ASX 200 finishes strongly, driven by energy, tech stocks. RBA keeps interest rates on hold at 0.1 per cent.
The S&P/ASX 200 closed 0.95 per cent higher at 7313.9.
The Dow Jones Industrial Average ended Monday trading up 1.9 per cent, the S&P 500 gained 1.2 per cent and tech-heavy Nasdaq advanced 0.9 per cent.
Iron ore traded 1.9 per cent higher yesterday to $US100.4 per tonne. The US Nymex crude price rallied 5.5 per cent to $US69.91 a barrel.
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