Business
ASX 200 soars on new rate cut hopes after unemployment hits 4-year high
The S&P/ASX 200 Index (ASX: XJO) hit a new record high of 9,109.7 points on Thursday following news of a weaker jobs market.
The ASX 200 surged immediately after the Australian Bureau of Statistics (ABS) released its latest monthly employment data at 11.30am.
Seasonally-adjusted unemployment…
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