Australian shares opened 1 per cent higher, catching up to aleap on Wall Street over the weekend.
The S&P/ASX traded up 73.4 points in the first 30 minutes of trade to 6,859.1.
The tech sector led the gains, rising 3.5 per cent as heavyweights WiseTech, Xero and Altium added more than 4 per cent. Only energy and materials were modestly lower, falling 0.3 per cent and 0.1 per cent respectively.
EML Payments led the decliners, diving 30 per cent to a fresh all-time low of 44¢ after updating the market on regulatory matters in Ireland and the UK.
On Wall Street,all three major benchmarks rose at least 2.5 per centas quarterly results from Intel and Apple more than offset disappointments from Amazon, Alphabet, Meta and Microsoft.