The S&P/ASX200 closed higher Tuesday, gaining 26 points or 0.4% to 7,274 after crashing early to a new 50-day low

The S&P/ASX200 closed higher Tuesday, gaining 26 points or 0.4% to 7,274 after crashing early to a new 50-day low. The miners led the rebound, but yielded late in the day to the energy, consumer discretionary and IT sectors which all rose in afternoon business. Concerns around a US debt default and potential fallout from the ruination of Chinese property giant Evergrande were magnified by the vacuum of a Chinese market holiday. Hong Kong's Hang Seng, smacked 3.5%. At home, Ausnet (AST) liking the takeover attention, up 10.7%, APA Group (APA) really not liking the takeover attention, down 5.5%. But on the whole it must be said: "...done good, played strong!"Our top three VODs: Hot money in, hot money out; Steven Everett's explanation for the market pullbackJun Bei is excited! Three stocks to buy in a sell-offThree stocks to protect your portfolio during a market correction Hosted on Acast. See acast.com/privacy for more information.