The local bourse surged at the open after a strong Friday night lead in from Wall St but trailed off this afternoon to close up 0.43%.

The local bourse surged at the open after a strong Friday night lead in from Wall St but trailed off this afternoon to close up 0.43%. Declines across Asian markets contributed to the afternoon decline, as did out-of-session US futures. The lack of follow through in the US suggests that the stimulus package was largely dismissed by investors. Also that concerns around rising bond yields have yet to fully dissipate. The infrastructure-led recovery play was the theme of the day with miners the biggest gainers and tech stocks sold off. BNPL names took a hit with Afterpay down 3% and Zip down 6.8%. Our top three VODs today are:"Boring and safe" make these three stocks excitingKyle Macintyre on Qantas, backing copper and why the COVID winners won't stayThree unloved tech stocks to watch Hosted on Acast. See acast.com/privacy for more information.