Thanks @shovel40, @Fiji1 and morning crew.
Half-time wrap:
Aussie shares rose for a second day amid signs US investors are willing to be patient with much-anticipated interest rate cuts despite signs inflation is increasingly sticky.
The ASX 200 lifted 23 points or 0.29% by mid-session. Gains in consumer stocks, banks and property trusts helped offset declines in miners, energy producers and industrials.
The S&P 500 rallied 1.12% to a new high overnight despite mildly disappointing US inflation data. Annual growth in the Consumer Price Index lifted to 3.2% from 3.1% in January. Core inflation increased by 0.4% for a second straight month, a headwind for financial markets betting on up to four US rate cuts this year.
Personal trading: Lacklustre morning. Half a pip from NYR. In and out of BRX for brokerage. Meh.
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Thanks @shovel40, @Fiji1 and morning crew. Half-time wrap:...
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