Ruffling the hawks' feathers 🦅

The not-hawkish-enough FOMC hike overnight sent a rocket up US equities, and the bulk of that enthusiasm filtered into our local market. The energy complex closed 2% higher thanks to a pop in oil. Tech also rallied 2% as bond yields eased from recent highs. Top sector was gold, closing up 3%. Top of the company pops was beaten-up Imugene, closing over 7% higher after a rough ride. In company news, NAB was thumped 1.5% lower after its update, but clawed back some losses. Bottom feeder was Janus Henderson, closing down 13% after weaker-than-expected earnings in the US overnight. All in all, the S&P/ASX200 closed at 7365, a tasty 0.8% higher, with small caps surging over 2% higher on the day.


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