By Oliver Gray
Investing.com - The S&P/ASX 200 added 35.4 points or 0.5% to 6,999.9 after the first hour of Tuesday’s trade, extending gains for the fourth consecutive session and trading a 2-week high as risk sentiment returned to the markets ahead of tonight’s crucial U.S consumer price index reading.
ASX 200 Futures were trading flat at 7,003.
Among stocks, Energy led the gains, up 1.1% as Woodside Energy Ltd (ASX:WDS) gained 1.6%, Beach Energy Ltd (ASX:BPT) lifted 2.1%, Santos Ltd (ASX:STO) added 2% and Viva Energy Group Ltd (ASX:VEA) gained 1.8%.
Information Technology lifted 0.1% overall as Block Inc (ASX:SQ2) lifted 0.7%, Appen Ltd (ASX:APX) gained 2.7%, Novonix Ltd (ASX:NVX) added 5.3%, Brainchip Holdings Ltd (ASX:BRN) lifted 4.2% and Wisetech Global Ltd (ASX:WTC) gained 2.2%.
Real estate companies gained 0.9% collectively, with Mirvac Group (ASX:MGR) up 1.2%, Goodman Group (ASX:GMG) lifting 1.5%, Charter Hall Group (ASX:CHC) up 0.9% and Stockland Corporation Ltd (ASX:SGP) gaining 0.6%.
Financials were also up 0.7% as Macquarie Group Ltd (ASX:MQG) added 1%, Commonwealth Bank Of Australia (ASX:CBA) lifted 1.1%, National Australia Bank Ltd (ASX:NAB) increased 1%, Westpac Banking Corp (ASX:WBC) added 0.7% and Australia and New Zealand Banking Group Ltd (ASX:ANZ) gained 0.9%.
On the bond markets, Australia 10-Year rates were at 3.608%, while United States 10-Year yields were at 3.337%.
In New Zealand, the NZX 50 added 0.1% to 11,819.3.