The major index finished the day up 0.5% despite yet another afternoon dip, this time dragged down by the tech names, which have responded negatively to rising bond yields. - a podcast by ausbiz

The major index finished the day up 0.5% despite yet another afternoon dip, this time dragged down by the tech names, which have responded negatively to rising bond yields. Intervention from Chinese state-backed investment funds helped to stabilise markets after early losses across Asia. A slight reduction in US real yields also mitigated losses in the tech sector heading into the close. Our top three VODs today are:

Three recent IPO stocks worth buying... now

Style rotation in markets; three stocks that are hot right now

Partying like it's 1999; US economy awaits its $1.9t sugar hit

Watch us live and free at ausbiz.com.au

---

See acast.com/privacy for privacy and opt-out information.

Further episodes of The COB from ausbiz

Further podcasts by ausbiz

Website of ausbiz