Thanks afternoon crew. End-of-day summary: The share market...

Thanks afternoon crew.

End-of-day summary:

The share market reversed most of last week's losses as the big four banks bounced off multi-week lows and takeover interest in Arcadium Lithium boosted lithium miners.

The ASX 200 rallied 55 points or 0.68% to 8205. The index gave up 62 points last week as the Middle East lurched closer to full-blown war.

The financial sector provided much of the momentu, bouncing 1.54% off Friday's seven-week low. Arcadium Lithium jumped 45.69% after Rio Tinto confirmed it had made a non-binding approach to acquire the company. Liontown Resources jumped 18.92%, Mineral Resources 4.61% and Pilbara Minerals 1.64%.

The Dow finished last week at a fresh high after stronger-than-expected September employment figures quashed recession worries. The blue-chip average rose 0.81%. The S&P 500 and Nasdaq also advanced.