Australian stocks rebounded 1.86% on Feb. 9, 2026, after a $65 billion loss, boosted by rate hike and strong gains in miners and tech.

Australian stocks surged on February 9, 2026, reversing a steep $65 billion loss from the prior week, as the ASX 200 rose 1.86% to 8,871 amid strong U.S. market gains. Gains were broad-based, led by gold miners, tech stocks, and major miners including BHP and Rio Tinto. Pepper Money jumped over 23% on takeover talks, while Web Travel and Bravura Solutions rose sharply on positive earnings. The Reserve Bank of Australia raised rates by 25 basis points to 3.85%, its first hike in two years, amid inflation concerns. The Aussie dollar held at $0.702.