AdvertisementUpdated BusinessMarketsWorld markets ASX surges as slowing inflation lowers rate hike odds; CSL, Rio rally Staff writers Updated July 29, 2026 — 5:56pm ,first published July 29, 2026 — 5:25am Save You have reached your maximum number of saved items. Supermarket chains Woolworths and Coles added 1.9 per cent and 2.5 per cent, respectively, and Treasury Wine Estates gained 4.1 per cent. WiseTech Global gained 2.3 per cent, while Xero climbed 4.1 per cent and Technology One rose 3.4 per cent. Shares of its bigger rival BHP added 1.4 per cent, while Fortescue rose 2 per cent. Nvidia closed at a record $US5.7 trillion on May 14, but it has since lost about $US1 trillion in valuation.