The Australian sharemarket has jumped at the open after a monster day for Microsoft’s stock led a powerful rebound on Wall Street, while computer-chip companies regained some of their sharp recent losses.

The Australian sharemarket jumped at the open on Wednesday ahead of the nation’s latest inflation figures, following a strong session on Wall Street despite a new surge in oil…

Most of Wall Street is rising even as stocks of computer chipmakers continue to tumble worldwide. Oil prices, meanwhile, are easing further from the two-month high they hit last…