Wednesday 10th July - ASX up +74pts, Uranium & HUB24 (HUB) - Market Matters

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11/07/2024

Wednesday 10th July – ASX up +74pts, Uranium & HUB24 (HUB)

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Afternoon report 24/04/2025

The Match Out: ASX gains while US & China play chicken on trade policy

The ASX charged upward once again today, with 5 out of the last 7 sessions ending higher as investors continue to bank on rhetoric out of the Whitehouse that a deal getting done between the US and China is only a matter of time.

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What Matters Today: As gold plunges, which stocks does MM like & where?

The ASX 200 sprang out of the blocks on Wednesday after the stunning reversal on Wall Street following bullish rhetoric from US President Donald Trump and Treasury Secretary Scott Bessent. The local index may have drifted slightly in the afternoon, but it still closed up over 100 points on broad-based gains outside of the gold sector - more on this later.

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