Renewed stimulus hopes and a surprise extension of QE sparked another strong rally in the local market with the ASX 200 closing up 1.49%, adding to the sharp turnaround seen at the start of the week.

Renewed stimulus hopes and a surprise extension of QE sparked another strong rally in the local market with the ASX 200 closing up 1.49%, adding to the sharp turnaround seen at the start of the week. Technology-led the gains, mirroring what was seen on the NASDAQ and Wall St overnight, with Afterpay surging 7.91%. Most other sectors recorded gains of 1% including financials, as optimism grows around a continued strengthening in economic conditions. Healthcare was the laggard, in part due to a downgrade of CSL from Morgan Stanley... Our top three VODs are: Jason McIntosh's off the radar stocks This isn't the dawn of a new era for markets All that glitters isn't gold; the new silver miner on the scene Hosted on Acast. See acast.com/privacy for more information.