Thanks @shovel40, @Fiji1 and morning crew.
Half-time wrap:
Australian stocks scaled fresh five-month highs after the Dow moved within one positive session of its longest winning run in more than a century.
The ASX 200 climbed 50 points or 0.68% to a level last seen in mid-February. Rate-sensitive property and tech stocks set the pace as investors bet rate rises this month here and in the US could be the last in the current cycle.
The Federal Reserve last night raised its key rate by 25 basis points to the highest in 22 years and indicated it may pause next month. The Dow responded with a 13th straight gain for the first time since 1987. Another advance tonight would mark the blue-chip average's longest win streak since 1897.
Today's ASX 200 gains would have been yet stronger if not for a negative reaction to trading updates from Macquarie Group, Rio Tinto and Fortescue Metals. MQG dropped 4.8%. RIO shed 2.2%. FMG gave up 1.8%.Personal trading: Managed to pick off BCB at the low where it previously found support. Also got a pip from W2V. Biggest regret is not snapping up PAN at 5.1c. Waited at 5c and watched the rebound take off without me. Shakes head.
