ASX soars on tariff relief hopes

News.com.au - 09:34
The Australian sharemarket soared on Wednesday as markets regained confidence US President Donald Trump’s tariff policy could have a less severe impact on global growth.

The Australian sharemarket soared on Wednesday as markets regained confidence US President Donald Trump’s tariff policy could have a less severe impact on global growth.

The benchmark ASX 200 had its best day in two weeks with the index gaining 103.80 points or 1.33 per cent higher to 7,920.5.

The broader All Ordinaries jumped 111.50 points or 1.39 per cent to 8,125.20.

The Australian dollar rose 0.61 per cent and...
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