End of Day Report – Friday 16 October: ASX up 87 - Up 90 for the week - Tech rebounds - Big miners rebound - Banks slip - US Futures drift higher

The ASX 200 jumped 87 points to close at 8,807, up around 90 points for the week, on better U.S. markets and comments from the Federal Reserve chief, Kevin Warsh, in Bangkok. Banks saw profit-taking today, with **CBA** down 1.1% and **NAB** down 1.0%, with the **Big Bank Basket** slipping 1%. Elsewhere in financials, though, **MQG** rose 1.1%, and financial stocks rose, with the **ASX** up 0.7% and **PNI** up 5.6%. **REITs** were a little weaker today, with **SCG** down 0.9% and **VCX** down 0.8%. Healthcare was once again a standout sector, with **CSL** up 2.8%, **PME** up 7.4%, and also **RMD** doing well.  Industrials were back in favour, with the tech sector leading the charge, as **WTC** rose 9.0%, **TNE** rose 4.2%, and even **NXT** had a good day, up 3.6%. The **All - Tech** index rose 4.4%. Retail stocks also did well after the jobs number yesterday helped the bond market, with **WES** up 1.0%, **JBH** up 1.3%, and **PMV** up 1.6%. In the resource sector, we had a good bounce back, with **BHP** up 3.5%, **RIO** up 1.5%, and the gold miners also showing good gains, with **NST** up 3.3% and **GMD** up 4.9%. Rare earths and lithium stocks remained on the sidelines, although we did see some small gains. After a torrid week, buyers were back covering shorts in **PDN** and **DYL**, with oil and gas stocks easing slightly. In corporate news, **MGH** rallied 14.8% after an update from the company, while **CWY** fell 6.1% ahead of Monday's deadline on the takeover approach. **MSB** rose 2.6% despite a 44% increase in net revenue. New listing **OWL** fell 12.5% after an $8m raise. **MYX** rose 1.2% after reaching a patent settlement. Nothing locally on the economic front, with all eyes on Kevin Warsh in Bangkok. 10-year yields ease to 5.21%. US Futures – Dow up 40 Nasdaq up 44  **Marcus Today – Daily Market Insights** Marcus Today provides clear, practical commentary for self-directed investors – covering markets, portfolios, education, and decision-making without the noise. If you'd like to go further: **Start a free 14-day trial of Marcus Today** http://bit.ly/mt-trial-podcast **Join Marcus Today** Use code MTPODCAST for 10% off http://bit.ly/mt-join-podcast-offer **MT20 – Managed ETF Portfolio** A professionally managed portfolio run by Marcus Padley and the team, using ASX-listed ETFs with active market timing. http://bit.ly/mt20-podcast **Principles – How We Think About Investing** A short video series on timing, behaviour, and decision-making. No stock tips. http://bit.ly/mt-principles-podcast — **Disclaimer** This podcast is general information only and does not consider your personal circumstances. It is not personal financial advice.