AU Morning Wrap: ASX Lifts Buoyed by Energy; Amcor Falls

Stocks closed higher Tuesday, ramping up from a morning pullback as the market reacted to the news that $NVIDIA (NVDA.US)$ announced a large computer chip for AI processing at its GTC event Monday night. Investors await the FOMC policy statement on Wednesday, where the market has priced in a 99% chance of no rate change.

With preliminary numbers, the $S&P 500 Index (.SPX.US)$ climbed 0.56% to its 18th record close of the year at 5,178.51. The $Dow Jones Industrial Average (.DJI.US)$ climbed 0.83%, and the $Nasdaq Composite Index (.IXIC.US)$ climbed 0.54%.

Packing giant $Amcor PLC (AMC.AU)$'s CEO Ronald Delia has announced his retirement due to health reasons.

$South32 Ltd (S32.AU)$, the mining giant, has withdrawn its Australian manganese output guidance and is exploring alternative shipping arrangements due to the damage caused by Cyclone Megan to Groote Eylandt port.

$Sonic Healthcare Ltd (SHL.AU)$, a diagnostics company, has signed a binding agreement to acquire Dr Risch laboratory group based in Switzerland for 117 million Swiss francs ($202 million) in shares and cash.

$Perseus Mining Ltd (PRU.AU)$, a gold miner, has increased its takeover bid for Tanzanian explorer $OreCorp Ltd (ORR.AU)$ as the competition for the acquisition intensifies.

Trading Ex-div: $Kelsian Group Ltd (KLS.AU)$, $Macmahon Holdings Ltd (MAH.AU)$, $Genesis Energy Ltd (GNE.AU)$, $Mader Group Ltd (MAD.AU)$

Dividends Paid: $Computershare Ltd (CPU.AU)$, $Virgin Money UK PLC (VUK.AU)$, $SG Fleet Group Ltd (SGF.AU)$, $Australian Ethical Investment Ltd (AEF.AU)$