Finance, oil, gas and tech power rally to new high

Finance, technology, oil, gas rose overnight, pushing US markets to highs. A decline in US personal consumption expenditure boosted hopes of rate cuts. This all meant the Nasdaq-100 hit another record, with Nvidia, Netflix at new highs. Locally, the S&P/ASX 200 rallied above 8600 at open this morning. Virgin is holding steady from its Tuesday IPO, as is DroneShield after staggering gains this week.

Stocks mentioned include Apache, BYD, DroneShield, Geely Auto, Virgin Australia