Wall Street went on a 3% rally, so why didn’t the ASX do the same when the bell rang today?

MARKET WRAP:

• ASX200: up 0.92% to 8,070
• GOLD: $3,354 US/oz
• BITCOIN: $147,858 AUD
• Wisetech Global up 4.9%, Xero lifting 1.7% and Technology One rising 2.1%.
• Life360 reported a 32% lift in revenue to $103.6 million.
• Shares finished up almost 14% to $27.18.
• Ampol will sell its retail electricity business, helping it up 2.2% to $26.32.
• The rising iron ore price helped BHP, Fortescue and Rio Tinto, all up more than 2%.
• Genesis down 10.7% and Capricorn losing 9.8%.
• Coles and Woolworths both lost more than 3%.
• CBA, Telstra, and Goodman Group all down

CURRENCY UPDATE:

• AUD/USD: 64.1 US cents
• AUD/GBP: 48.5 pence
• AUD/EUR: 57 Euro cents
• AUD/JPY: 94 Japanese yen
• AUD/NZD: 1.08 NZ dollars