A rally in banks and miners helped the sharemarket start the week on a positive note after tariff exemptions for the technology industry spurred optimism for a further scaling back of US President Donald Trump’s chaotic trade agenda.
The S&P/ASX 200 climbed 102.1 points, or 1.3 per cent, to 7748.6 points at the close, while the All Ordinaries rose 1.4 per cent. Ten of the ASX 200’s 11 sectors were higher, with technology posting the largest gains.
Source: https://www.afr.com/markets/equity-markets/asx-to-rise-us-futures-higher-tariff-reprieve-in-focus-20250414-p5lrgm