Not if, but when, the ASX returns to its all-time high
Update: 2025-03-25
Description
With the US market rebound continuing, expect the ASX to follow today. The local market is up 2.5% from 2025 low, while the Nasdaq-100 is up 5.4%. Australian uranium and gold stocks are making big gains, while tech stocks Palantir, Applovin, Crowdstrike, Tesla are rocketing up in the US. Focus remains on April 2, when steep new US tariffs could be implemented.
Securities mentioned: Palantir, Boss Energy, Block, Bega Cheese, Strategy, Applovin, Tesla, Deep Yellow, Origin Energy, CSL, Cochlear
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