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Markets Live: ASX breaks 5700 in catch-up rally
Local shares rise, with gains in banks offsetting big slumps in gold miners, following Wall Street's record run that pushed the Dow above 20,000 points.
Jens is the markets and breaking news editor, based in Sydney.
Local shares rise, with gains in banks offsetting big slumps in gold miners, following Wall Street's record run that pushed the Dow above 20,000 points.
New records on Wall Street and soaring metals prices pushed the local sharemarket higher on Wednesday.
Shares rise, led by strong gains in the big miners, while the Aussie dollar takes a hit on softer than expected inflation data.
Gains in local shares pick up some speed in late trade, led up by the big miners following rises in commodity prices.
Sell the fact? The ASX slides to a one-month low on the first trading day following Donald Trump's inauguration, led by a steep plunge in Brambles.
The dollar has hit a two-month high, following stronger than expected Chinese GDP growth, while stocks are lower as investors remain cautious ahead of Donald Trump's inauguration.
Shares trade flat, buoyed by rallies in CSL and Bega Cheese, while the Aussie dollar stabilises following mixed jobs numbers.
Banks are at the forefront of another day of selling, while political uncertainty sparks turbulence in currencies.
Shares fall for a fourth session out of the last six, as investors turn wary ahead of UK Prime Minister Theresa May's Brexit speech and Trump's inauguration.
Shares trade higher, buoyed by miners on the back of soaring iron ore futures as well as the big banks.
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