Stocks erase losses, close in on all-time highs

US markets climbed further, recovering all losses in 2025. Nvidia rose above US$3.1 trillion, and could soon overtake Apple. Oil rallied with Brent crude up 2.5%. The Hong Kong market dropped 1.9% yesterday but is up 19% from low.

Securities mentioned include Apple, iShares US Aerospace & Defense ETF, Megaport, NextDC, Nvidia, Qantas Airways, Technology One, Tesla, WiseTech Global, Woodside Energy Group