Tech takes ASX to new six-week high after Wall Street rally - Sydney Morning Herald

The ASX gained 0.6 per cent after technology companies led a broad rally for stocks on Wall Street as investors welcomed another interest rate hike by the US Federal Reserve.

Bond yields turned broadly lower following the Feds announcement. The two-year Treasury yield, which tends to move with expectations for the Fed, fell to 2.98 per cent from 3.06 per cent late Tuesday… [+4458 chars]

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