By Oliver Gray
Investing.com -The S&P/ASX 200 added 22.5 points or 0.3% to 7,203.3 during Tuesday’s trade, partially recovering losses of 0.5% in the previous session as info tech and financials pushed higher while materials struggled.
Among stocks, Block Inc (ASX:SQ2) added 3.1%, Megaport Ltd (ASX:MP1) lifted 6.6% and Novonix Ltd (ASX:NVX) added 2%.
Meantime, Bendigo And Adelaide Bank Ltd (ASX:BEN) rallied 6.9% after a 22% jump in cash earnings for the five months to November 30. Commonwealth Bank Of Australia (ASX:CBA) lifted 1%, National Australia Bank Ltd (ASX:NAB) gained 2%, Westpac Banking Corp (ASX:WBC) added 1.3% and Australia and New Zealand Banking Group Ltd (ASX:ANZ) lifted 2.4%.
Major miners were broadly lower as Rio Tinto Ltd (ASX:RIO) fell 1.9%, BHP Group Ltd (ASX:BHP) lost 1.5%, Fortescue Metals Group Ltd (ASX:FMG) dipped 4.2% and Champion Iron Ltd (ASX:CIA) fell 4.6%.
On the bond markets, Australia 10-Year yields were at 3.406% while United States 10-Year rates were at 3.604%.
In New Zealand, the NZX 50 added 0.8% to 11,601.4.