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ASX up 0.4%; Fortescue jumps 6%, tech sector tanks – The Sydney Morning Herald

The S&P/ASX200 has opened 0.4% higher, hitting 7382 points. Material and energy sectors are leading, while technology is down…

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The S&P 500 hit a record intra-day high after President Joe Biden picked Federal Reserve Chair Jerome Powell to lead the central bank for a second term before a late swoon saw it close in the red.
Powells nomination was largely welcomed by investors hoping…

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