ASX closes in the green, markets boosted by mining and energy stocks

ABC | Oct 7, 2021 at 10:33 PM
  • Oil prices continued to rise with Brent crude up 1.2 per cent at $US82.99 a barrel while West Texas crude oil rose 1.43 per cent to $US79.43 a barrel.
  • It was also a positive day for tech stocks with Twitter closing 4.3 per cent higher, Penn National Gaming climbing 4.8 per cent while Apple gained 1.1 per cent, Amazon 1.5 per cent and Microsoft 0.8 per cent.
  • Unless Congress gives the US Treasury authority to borrow more money, the borrowing would stop and they would not be able to pay their bills.