Gold-Tech Rally Gains Traction After US Funding Deal, ASX Jumps

Markets respond to US funding deal, gold surge and shifting sector momentum.

What's Happening

The ASX 200 advanced about 0.6% to 8,822.5 near 2pm AEDT, pacing for its best day in two weeks after a group of moderate US Democrat senators backed a deal to reopen parts of the US government and fund agencies for the next year.

US futures were firmer (Nasdaq up around 1%, S&P 500 up 0.6%, Dow up 0.2%), adding to the upbeat tone. Locally, technology led gains as WiseTech Global rose 4.7%, Life360 3.4% and Codan 1.2%. Oil moved above. . .

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