Today: 31 March 2026
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ASX:A2M 16 February 2026

ASX 200 ekes out a gain as tech snaps back; miners slide on iron ore

ASX 200 ekes out a gain as tech snaps back; miners slide on iron ore

The S&P/ASX 200 closed up 0.22% at 8,937.1, lifted by a tech rebound as WiseTech surged 12.8% and Xero rose 7.5%. Rio Tinto dropped 4.1% and Fortescue fell 4.7% as iron ore prices stayed below $100 a tonne. Investors await the Reserve Bank of Australia’s February meeting minutes and key labour data later this week.

Stock Market Today

  • US Stocks Jump as Oil Price Increases Moderate
    March 31, 2026, 1:04 PM EDT. US stocks surged with the S&P 500 rising 1.6%, marking its best day since the conflict began. The Dow Jones Industrial Average gained 555 points, or 1.2%, while the Nasdaq composite climbed 2.1%. This recovery follows a recent dip where the S&P 500 fell more than 9% below its record high set earlier this year. The gains came as oil prices slowed their rapid increase, easing market concerns over input costs and inflation pressures. Investors seemed reassured by the moderation in energy prices, which can affect corporate earnings and consumer spending.
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