Afternoon trading April 4

Thanks @shovel40, @Fiji1 and morning crew.

Half-time wrap:

Aussie stocks rebounded from their worst session in three weeks after key commodity prices rallied and the US Federal Reserve reassured investors it still sees rate cuts before year-end.

The ASX 200 recouped more than a third of yesterday's 105-point loss with a bounce of 41 points or 0.53%.

A broad rally lifted 10 of 11 sectors. Stand-outs included gold miners after the yellow metal cracked US$2,300 an ounce for the first time, and tech and property stocks, which copped particularly heavy treatment yesterday. South32 was the pick of the heavyweights, rising 3.3% after copper set a nine-month high.

US stocks mostly rose overnight after Federal Reserve Chair Jerome Powell said he expected rates to fall later in the year. The S&P 500 edged up 0.11%, while a disappointing trading update from Intel sent the Dow down by the same percentage.


Personal trading: Struggled for trades, but got one away in PAA. Slow week.