Day traders' after-market lounge June 5

Thanks afternoon crew.

End-of-day summary:

Australian shares rallied as most sectors advanced, offsetting down-pressure from weaker commodity prices.

The ASX 200 reverses yesterday's fall with a rebound of 32 points or 0.41%. Woolworths, industrial property giant Goodman Group, Telstra and CSL were among the best of the heavyweights. The big four banks also rose.

Overnight declines in iron ore, oil, gold, silver and industrial metals kept the resources space on the back foot. South32, Rio Tinto and Woodside all lost more than 1%.

Wall Street edged higher overnight as the promise of rate cuts helped calm economic growth worries after job openings shrank to a three-year low. The S&P 500 gained 0.15%.