Market Wrap / bitcoin bust

The S&P/ASX 200 seesawed to 8,579.70 points this Tuesday, closing 0.17% higher.

Further gains were hindered by a fall among tech stocks, tracking a drop on Wall Street. Zip dropped 10.7% amid uncertainty over a US inquiry into whether buy-now-pay-later providers comply with consumer-protection laws.

Elsewhere, the mining and energy stocks fared better on higher oil and iron ore prices. BHP was on a solid 1% gain.

Meanwhile, uranium producer Deep Yellow was flat on the appointment of a new MD and CEO.

In company news, Collins Food fell 3.5% after reporting a 13 percent increase in half-year net profit.

And market reactions remained fairly muted for Woolworths, despite the supermarket giant flagging the underpay procedures it is facing are market sensitive. 

Tomorrow, RBA governor Michelle Bullock is addressing the Senate Economics committee, and GDP growth data is due in the morning.