Market Close 07 May 25: China stimulus boosts Aussie stocks

It has been a choppy session today, but the Aussie market has ultimately bounced back following stimulus news out of China.  Laura and Stevie discuss this news which will encourage more money to flow through China, the falls across the US market overnight following disappointment in a lack of clarity around trade deals, and look at the performance of the sectors with three of the eleven seeing declines.  More data from the major banks moved stocks, Zip attracted attention with a gain of around 10%, and Temple and Webster revealed positive news. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.