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The ASX 200 came back to life today, with a 0.8% jump to a three-week high of 6827.1. Tech, REITs and healthcare sectors were all helped by a decline in long bond rates.
Season 2, Ep. 48
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The ASX 200 came back to life today, with a 0.8% jump to a three-week high of 6827.1. Tech, REITs and healthcare sectors were all helped by a decline in long bond rates. The market hit its high before the release of the RBA minutes, which were more dovish that the market had anticipated. Westpac believes the RBA will extend yield curve control by another six months, which helped drive further gains. Temple & Webster was the biggest mover of the day - up 9.2% after Morgan Stanley applied a $14 price target. Our top three VODs today are:
Three growth stocks worth buying right now
Rising bond yields don't make all tech stocks look unattractive
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