The local market opened higher and stayed there, and while most sectors were in the green nothing really shot the lights out. Energy and materials led the way higher; a broker upgrade was behind Champion Iron’s near-6% pop. At the other end, yesterday’s upbeat Credit Corp report was sold into, closing down 6%. While after a good run, profit-taking saw Block slice 6% off the share price. PayPal’s disappointing report weighed on the BNPL space. As we await more central bank action tomorrow night and non-farm payrolls on Friday, the S&P/ASX200 closed up 82 points or 1.2%.

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