As it happened: ASX gains 1.8% to 8-month high

Summary

• The ASX200 gains 1.8% to 6298.8 points, a one-day gain of 108.62 points. 
• REA Group gained 9.1% to close at $139.50, the highest price ever
• Asian markets strengthened as the session wore on. Japan's Nikkei was last up 2.5%, China's CSI300 2.2%, and the Hang Seng was up 1.6%
• US futures are also buoyant. The S&P E-Mini was last up 1.7%, the Dow E-mini 1.4%, and the NASDAQ 2.6%