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Australian sharemarket shrugs off positive US lead, lift from strong domestic jobs figures only temporary – NEWS.com.au
Australian sharemarket shrugs off positive US lead, lift from strong domestic jobs figures only temporary
The Australian sharemarket underperformed leads from overseas markets and a slight lift from better-than-expected domestic unemployment figures didnt stick, but gold stocks shone.The S&P/ASX 200 finished 0.73 per cent lower at 6745.9 while the All Ordinaries Index fell 0.63 per cent to 7003.6.
OpenMarkets Group chief executive Ivan Tchourilov said Wall Street was marginally higher overnight as the Federal Reserve left rates on hold as widely expected, while the Federal Open Market Committee reiterated…
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