- The Nasdaq rose 1.1% to close Thursday?s session at 14,654 points.
- Twitter shares rose on the US$1.05bn sale of MoPub to AppLovin.
- Pfizer rose on FDA approval request for vaccine into children aged 5-11.
The US markets extended a rally into Thursday after US lawmakers reached a deal to raise the debt ceiling, in addition to new weekly jobless claims in the US falling 38,000 last week to 326,000.
The Dow Jones rose 0.98% to finish the trading day up 338 points to close at 34,755 points.
The tech heavy NASDAQ rose 1.1% to finish the trading day up 152 points to close at 14,654 points with Tesla and Google gaining 1.39% and 1.33% respectively.
One bitcoin is worth US$53,832 going into the Asian trading day.
The Australian dollar is firm against the major currencies and is buying 73.13 US cents.
Twitter shares jumped 4% yesterday after the social media giant announced plans to sell its MoPub mobile advertising network to game developer, AppLovin for US$1.05bn in cash, in a bid to focus on advertisements on its own platform and website moving forward. Twitter purchased MoPub in 2013 for a reported US$350m.
Pfizer shares rose on Thursday after the biotech company submitted its COVID-19 vaccine to the US FDA for authorisation to administer the jab into children aged 5-11 years. The paediatric dose of the Pfizer & BioNTech vaccine is one-third the size of the dose used in children aged 12 years and older.
And US cinema chain giant AMC now allows customers to buy gift vouchers using cryptocurrencies, including Dogecoin.