ASX rises as tech sector pulls back | 7NEWS

2 hours ago The News Room

The ASX 200 rose 0.6 per cent in its third consecutive day of gains, following positive movements on Wall Street where the Nasdaq set a new closing record. Technology was the worst performing sector, declining almost three per cent, while real estate rebounded strongly after three sessions of losses. Consumer sentiment slumped following the RBA’s recent rate hike, with growing concerns about employment and rising fuel prices.

This market update is sponsored by CommSec.

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