Wall Street was boosted by gains in technology stocks, with Nvidia reclaiming its title as the world’s most valuable company. Chipmakers also rallied on renewed hopes around US-China trade talks. Meanwhile, US job openings rebounded in April, suggesting resilience in the labour market. In corporate news, shares in dating app Bumble fell amid growing concerns over its market share. In commodities, oil rose 1.5% on rising geopolitical tensions, while gold eased from a four-week high. Closer to home, Aussie shares are expected to open higher on Wednesday ahead of the release of key economic growth figures.
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