Day traders' after-market lounge November 8

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    Thanks afternoon crew.

    End-of-day summary:

    The share market got back to winning ways as retreating bond yields helped offset an overnight setback for energy and metal prices.


    The ASX 200 rallied 18 points or 0.26% to its sixth gain in seven sessions. Rate-sensitive tech stocks outperformed as the yield on 10-year Australian government bonds fell to a three-week low. Weebit Nano, Megaport and Block all gained at least 2.58%. Telstra firmed 1.29% after today's Optus network outage.

    Resource stocks dragged after iron ore, crude and metals were dented by a combination of a rising greenback, Chinese regulatory intervention in ore markets and soft China import data.

    The ASX resumed its recent uptrend following yesterday's rate rise-induced market hiccup after Wall Street rose for a seventh session, its strongest run in two years. The S&P 500 gained 0.28%.
 
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