The S&P/ASX200 closed up 29 points or 0.4% on Wednesday hitting 7,532 and crossing above its 20-day moving average and is only 1.3% off of another record high - a podcast by ausbiz

The S&P/ASX200 closed up 29 points or 0.4% on Wednesday hitting 7,532 and crossing above its 20-day moving average and is only 1.3% off of another record high. Stateside, the S&P 500 notched its own half-century of record closes in 2021 and the Nasdaq topped 15,000 for the first time. Here at home the materials and IT sectors following suit. Wednesday's top performers, WiseTech Global (WTC) and Appen (APX), up 28% and 9% respectively - the former copping a speeding ticket before lunchtime when it was up around 50% in the space of 90 minutes.

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