Overview
- S&P/ASX 200 was up about 0.14% around midday Tuesday, continuing gains after a Wall Street tech rebound.
- Spot gold pushed above roughly US$4,100 an ounce, lifting Northern Star, Newmont and Genesis more than 4% and underpinning broader mining strength.
- Commonwealth Bank posted an unaudited $2.6 billion September‑quarter cash profit, yet its shares dropped more than 5%, wiping about $15.6 billion in market value.
- Progress toward resolving the extended US government shutdown eased risk aversion and helped power rallies in Nvidia, Tesla and other AI-linked stocks.
- Analysts highlighted Australian employment data and Nvidia’s upcoming earnings as potential catalysts for rate expectations and risk sentiment.