S&P/ASX 200 gains 0 68% as China s central bank cuts reserve requirement ratio proactiveinvestors.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.com.au Daily Mail and Mail on Sunday newspapers.
S&P/ASX 200 gains as IT, health care stocks outperform
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S&P/ASX 200 gains as IT, health care stocks outperform
Oil prices jumped to its highest level in six years after talks between OPEC and its oil-producing allies were postponed indefinitely. On Tuesday, US oil benchmark West Texas Intermediate crude futures surged to US$76.98, a price not seen since November 2014.
S&P/ASX 200 (INDEXASX:XJO) gained 0.65% to 7,308.7 points by about 12.50 pm as high-growth technology and health care stocks rebounded from Tuesday’s selloff, outperforming the heavyweight banks, miners and retail giants.
Buy now, pay later player Afterpay (ASX:APT) jumped 4% to $119.45 and rival Zip Co (ASX:Z1P) hained 4.3% to $7.56.
S&P/ASX 200 slips, weighed down by financials, health care stocks proactiveinvestors.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.com.au Daily Mail and Mail on Sunday newspapers.