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ASX to edge higher but tech weighs down Wall Street; Biden taps oil reserves – The Sydney Morning Herald

The ASX is facing a negative start to the session with giants like Tesla and Microsoft weighing on Wall Street.

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The Nasdaq ended lower for a second straight session on Tuesday, while the S&P 500 rose, as rising Treasury yields prompted investors to sell Tesla and other Big Tech names and buy stocks with lower valuations.
The S&P 500 growth index dipped 0.3 per cent…

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