GgoogleAU first seen 25 d ago, last 1 d ago, peak #1
S&P/ASX 200 climbs as banks and miners lead
Original: s&p/asx 200
Australian shares opened higher, with the S&P/ASX 200 rising on gains in banks and mining stocks including BHP. The moves come ahead of an expected fifth Reserve Bank of Australia rate rise aimed at curbing inflation, after the US Federal Reserve held rates steady. Telco stocks slid, with Telstra extending its sell-off amid a reported SpaceX threat, while iron ore miner Champion Iron swung to an adjusted loss.
Why now: Investors are watching a mix of Fed and RBA rate decisions and strong bank and mining gains.
S&P/ASX 200Reserve Bank of AustraliaBHPTelstraChampion Iron
Rank over time, top of the chart is #1. 15 snapshots from 4 d ago to 1 d ago.
Evidence
- ASX surges in $80b midterms relief rally as oil slumps; NAB dives, NextDC soars · SMH.com.au
- ASX Preview: Australian Shares to Rise as Fed Holds Rates Steady; Champion Iron Swings to Fiscal Q2 Adjusted Loss, Revenue Down · Yahoo Finance Australia
- ASX on hold ahead of RBA’s fifth rate rise to crush inflation · AFR
- ASX up on banks, miners; Rinehart-backed Arafura locks in bigger rare earths supply deal · The Australian
- ASX opens higher as miners rise; oil edges up · The Age
- Evening Wrap: ASX 200 climbs as banks and BHP lead, telcos tank on SpaceX threat · Market Index
- ASX rallies on miners, banks; Telstra extends sell-off · AFR
API: https://socialmediatrends-api.osmike.com/v1/trends/1952573