Half-time wrap:
The share market's winning streak extended into a fifth session as Wall Street's best week of the year helped offset any jitters ahead of tomorrow's RBA rates meeting.
The ASX 200 climbed 23 points or 0.31% to its highest in more than two weeks. A bumper profit result from Westpac helped lift the financial sector 0.85%. Gains for CSL and Newmont propelled the healthcare and gold sub-sector up 1.5% and 3.4%, respectively.
US stocks wrapped up their best week since November 2022 with a fifth straight gain on Friday. The S&P 500 advanced 0.94% to extend its tally for the week to 5.85%.
The dollar punched above 65 US cents this morning as forex traders anticipated another rate hike tomorrow. Economists expect the RBA to raise the cash rate by a quarter of a percentage point to 4.35%.
Personal trading: Didn't see a lot this morning. Much of the market looks short-term over-extended and ripe for profit-taking after last week's bull run. Some consolidation seems likely at the very least.
