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AAP
AAP
Business
Adrian Black

Tech tariff pivot helps Australian shares take a breath

Australian shares have started the week on a positive note after days of turbulence over US tariffs. (Peter Rae/AAP PHOTOS)

Australian shares have started the week with a rally after the US softened limited tariffs on China and the world's largest central bank offered markets reassurance.

The benchmark S&P/ASX200 gained 102.1 points, or 1.34 per cent, to 7748.6, as the broader All Ordinaries lifted 106 points, or 1.35 per cent, to 7959.7.

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