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Global sharemarkets are in a holding pattern as traders wait for two crucial deadlines to pass later this week.

Local stocks catch breath after Monday rally

The local bourse trod water as modest gains among the miners and some consumer-facing stocks helped offset Westpac's woes in the wake of Monday's strong rally.

  • Lucy Battersby

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The ASX trading board.

ASX books best session in seven months with $33 billion surge

The local bourse has notched its biggest one-day gain since May, as blue-chip stocks led a US-China-trade-deal-inspired boost that drove it more than 1.6% higher.

  • Lucy Battersby
The sharemarket is within a whisker of its all-time high.

Stocks slip in light trade amid big tech swings

The local bourse has slipped in subdued trade as individual stocks registered big moves on market-moving announcements.

  • Lucy Battersby

Original URL: https://www.watoday.com.au/topic/siq-1fd