Qantas takes off as ASX soars to 11-week high | PM 10 Nov 26

The Australian share market surged on Tuesday, reaching its highest level in eleven weeks as risk sentiment improved following strong US overnight gains. Oil prices fell sharply, easing inflation concerns, while banks and miners led the charge. Key movers included Monadelphous and Qantas on the upside, offset by weakness in Life 360 and Superloop. Key upcoming catalysts include US inflation data and several local dividend dates.

Steve Daghlian and Laura Besarati are Market Analysts at CommSec. Each episode, they break down the day's market movements and explain what the numbers really mean.

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