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29May

5th consecutive week of gains: Aus gain 4.5% over week

29 May 2020 - Despite today’s losses, the market finished the week 4.5% higher. That’s the fifth consecutive week of gains for the ASX200. Investors are optimistic that the easing of covid-19 restrictions will signal an economic rebound. Heavy industry engineering and construction company Lycopodium (ASX:LYL) has revised its NPAT guidance for the financial year ending 30 June down to $11.5 million.

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11Jan

US market pushes higher as investors prepare for inflation data

11 Jan 2024 - US stocks traded higher Wednesday, with investors awaiting the release of fresh US inflation data and earnings tomorrow.

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24May

Strong Nvidia earnings fail to lift US markets

24 May 2024 - US stocks experienced a downturn on Thursday, marking the Dow Jones Industrial Average's worst performance of 2024, as a post-earnings boost from Nvidia failed to uplift the broader market sentiment.

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24Nov

Third potential vaccine: ASX closes 1.3% higher

24 Nov 2020 - It has been a positive day of trade for the Australian share market. The local bourse managed to close 1.3% higher. News of a third potential Covid vaccine boosted markets, with all the sectors ending the day in the green. Cardinal Resources Limited (ASX:CDV) has received an unsolicited conditional off-market takeover offer at A$1.05 cash per share from Engineers & Planners Company.

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04Sep

AUD bounces back, but market inks 3rd day of losses: Aus shares close 0.3% lower

04 Sep 2019 - Market Wrap. Australian economy grows in line with expectations. Centuria Capital Group (ASX:CNI) hits and closes at another new all-time high, along with Ingenia (ASX:INA). Oil Search (ASX:OSH) gets the all-clear for the PNG LNG deal. ASIC kicks off proceedings with Bendigo and Adelaide Bank (ASX:BEN).

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14Apr

Nasdaq jumps as earnings season kicks off, Incitec, Orica, Iluka, NAB on watch: ASX to lift

14 Apr 2022 - Wall St gains as the bond sell off stabilized pushing technology stocks higher despite hotter-than-expected producer price inflation data. European markets also digested Britain’s inflation jumped.

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28Oct

Wall St rises on earnings and trade optimism: Aus shares to open higher

28 Oct 2019 - The local sharemarket is poised to open higher following a positive session in the US on Friday. Stocks rose on Wall St on Friday as investors were buoyed by strong earnings results from Intel and signs of progress in US-China trade talks. Blackmores (ASX:BKL) has announced the completion of the acquisition of Catalent Australia’s world-class manufacturing facility in Braeside, Victoria.

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27Oct

Meta’s forecast deepens Nasdaq into correction territory

27 Oct 2023 - The Nasdaq Composite dropped deeper into correction territory on Thursday as Meta became the latest tech company to offer a forecast that didn’t quite live up to investors’ expectations.

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17Feb

US stocks fall on PPI data, lithium deal affects ASX’s Sayona Mining

17 Feb 2023 - Stocks fell Thursday after another hot inflation report, and a decline in jobless claims, showed the economy is holding up amid the Federal Reserve’s rate hikes. The producer price index, an inflation indicator that tracks wholesale prices, rose 0.7% in January, topping a Dow Jones consensus forecast for a 0.4% increase.

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22Sep

Uncertainty over US stimulus sinks stocks: ASX poised to open lower

22 Sep 2020 - The ASX looks set to open lower this morning after a sharp sell-off in the US. There’s concern over the lack of certainty over plans for the fiscal stimulus to support the unemployed in the US. Oracle’s agreement to take a stake in TikTok has won the blessing of US President Donald Trump. And Pushpay Holdings (ASX:PPH) has appointed Lorraine Witten as a Director to the Board.

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