From Nasdaq: 2025-04-13 21:25:00

The Australian stock market is up on Monday, with the S&P/ASX 200 index rising to just below 7,700.00, driven by gains in mining and energy stocks. BHP Group, Fortescue Metals, and other major miners are leading the way with gains. Oil stocks like Woodside Energy and Santos are also up, while tech stocks like Afterpay and Xero are seeing modest gains. Gold miners like Evolution Mining and Resolute Mining are higher as well. In other news, DroneShield shares are up nearly 15% after securing contracts worth $32.2 million, and Neuren Pharmaceuticals is up over 16% after FDA approval for a Phase 3 trial. The Aussie dollar is trading at $0.629.

On Wall Street, stocks surged on Friday, with the Nasdaq, S&P 500, and Dow all posting strong gains. European markets ended mixed. Crude oil prices also rose, with West Texas Intermediate reaching $61.50 a barrel after a slight decline on Thursday.



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