By Oliver Gray
Investing.com - The S&P/ASX 200 added 42.9 points or 0.6% to 7,223.7 during the first two hours of Tuesday’s trade, reversing losses of 0.5% in the previous session and lifting from 3-week lows as the financial and technology sectors led the advance.
ASX 200 Futures were flat at 7,177.5.
Among stocks, banks lifted as Bendigo And Adelaide Bank Ltd (ASX:BEN) popped 6.9% after reporting a 22% jump in cash earnings for the five months to November 30. Macquarie Group Ltd (ASX:MQG) lifted 1.5%, Australia and New Zealand Banking Group Ltd (ASX:ANZ) added 1.9%, Commonwealth Bank Of Australia (ASX:CBA) lifted 1.6%, National Australia Bank Ltd (ASX:NAB) gained 2% and Westpac Banking Corp (ASX:WBC) added 1.5%.
Meantime, Block Inc (ASX:SQ2) added 3.8%, Appen Ltd (ASX:APX) lifted 0.4%, Megaport Ltd (ASX:MP1) added 3.1%, Novonix Ltd (ASX:NVX) gained 3.1% and Brainchip Holdings Ltd (ASX:BRN) lifted 6.4%.
On the data front, NAB business confidence came in at -4 for November, falling from a reading of 0 in the previous month.
On the bond markets, Australia 10-Year yields were at 3.4% while United States 10-Year rates were at 3.604%.
In New Zealand, the NZX 50 added 0.3% to 11,544.2.