ASX Up 0.56% Near Noon Despite Wall Street's Overnight Struggles
Wednesday, 25 September 2024, 18:54
Market Overview
As of 11:45 am, the S&P/ASX 200 is 0.56% higher at 8,172, fueled by a broad rally across all sectors. Notably, consumer discretionary stocks lead the charge.
Sector Performance
- Consumer Discretionary: Strong gains driven by retail stocks.
- Financials: Mixed performance in banking shares.
- Healthcare: Stable contributions from healthcare firms.
Wall Street Impact
In contrast, Wall Street saw overnight losses, reflecting global economic concerns. This disparity highlights local resilience in the ASX amidst wider market volatility.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.