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The Australian stock market is trimming its early gains in mid-market trading on Tuesday, recouping the losses in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P\/ASX 200 is moving well above the 8,850 level, with gains across most sectors led by mining and technology<\/span> shares.<\/p>\n The benchmark S&P\/ASX 200 Index is gaining 21.40 points or 0.24 percent to 8,874.40, after touching a high of 8,888.00 earlier. The broader All Ordinaries Index is up 26.70 points or 0.29 percent to 9,147.60. Australian stocks closed modestly lower on Monday.<\/p>\n Among the major miners, BHP Group is gaining more than 1 percent and Mineral Resources is surging more than 4 percent, while Rio Tinto and Fortescue are advancing almost 2 percent each.<\/p>\n Oil stocks are mixed. Santos and Woodside Energy are edging down 0.3 percent each, while Beach energy is gaining almost 2 percent and Origin Energy is edging up 0.2 percent.<\/p>\n Among tech stocks, Afterpay owner Block is gaining almost 2 percent, Appen is advancing almost 4 percent, Zip is adding almost 1 percent and Xero is edging up 0.3 percent, while WiseTech Global is edging down 0.3 percent.<\/p>\n Gold miners are mostly higher. Northern Star resources and Evolution Mining are gaining almost 2 percent each, while Resolute Mining and Newmont are adding almost 1 percent each. Gold Road Resources is edging up 0.4 percent.<\/p>\n Among the big four banks, Commonwealth Bank and National Australia Bank are edging down 0.1 to 0.3 percent each, while ANZ Banking is losing more than 1 percent. Westpac is edging up 0.3 percent.<\/p>\n In the currency market, the Aussie dollar is trading at $0.667 on Tuesday. <\/p>\n<\/p>\n Market Analysis<\/p>\n<\/div>\n