Evening Wrap: ASX 200 rises as RBA Governor Bullock eases rate hike fears; consumer and tech stocks rally while gold, copper and lithium weaken
Australia’s ASX 200 (XJO) closed at 8,947.8, up 0.61%, a six-week high, after RBA Governor Michele Bullock signaled housing and labour markets have softened more than expected, easing August rate hike fears. The 10-year yield fell 5.2 bps. Consumer, tech and financials rose; gold, copper and lithium stocks fell.

