
Apple shines after Buffett's billion-dollar buy-in
Wall Street has rallied sharply, juiced by a jump in Apple shares and gains from energy stocks that were backed by stronger oil prices.
Wall Street has rallied sharply, juiced by a jump in Apple shares and gains from energy stocks that were backed by stronger oil prices.
The Australian share market has swapped the red for the green in choppy early trade as the major four banks, bar the ANZ, change direction and move into positive territory.
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UPDATED: The Australian dollar has recovered from an overnight fall triggered by expectations of a rate cut.
UPDATED: The share market is higher due to strong gains by mining and energy companies.
UPDATED: The share market is almost 1 per cent higher due to gains by the big four banks and several major resources companies at noon.
UPDATED: The Australian share market is slightly lower, with gains in some financial stocks offsetting falls in Rio Tinto and BHP Billiton.