ASX: Tech fuels shares turnaround amid muted Biden response

(Image: Getty)

Wed, 24 Jul 2024

By Poppy JohnstonThe Australian share market has broken a three-day losing streak led by technology stocks, as Democrats rallied behind Vice President Kamala Harris and cemented her as the favourite to secure nomination in the US election.The benchmark S&P/ASX200 index on Tuesday unwound the previous day's losses to finish up 39.4 points, or 0.5%, to 7,971.1 points, while the broader All Ordinaries climbed 42.2 points, or 0.5%, to 8,208.6 points.The political drama unfolding in the US remained a focus, though growing Democratic support...

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