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| | ... Markets market strategist Stan Shamu said the local bourse had taken its lead from the continued upward momentum of US markets. "That sharp drop in unemployment claims (in the US) was quite impressive," Mr Shamu said. "That really helped US markets ... |
| | | The Australian share market has opened slightly stronger after US markets continued to climb to new highs. The early gains were being held back by some nervousness in the financial sector and weakness among mining stocks, IG Markets strategist Stan ... |
| | | ... futures contract was up seven points at 4,901, with 6,364 contracts traded. Local stocks started in flat territory after US markets closed weaker, despite a rebound from earlier losses. The Dow Jones Industrial Average shed 42.47 points, or 0.30 per ... |
| | | ... overnight," said Michael McCarthy, chief market strategist at CMC Markets. "We were weak in Europe and that weakness fed into US markets, but better-than-expected results, particularly in tech markets, lifted the market back to close to flat and it looks ... |
| | | The Australian market looks set to open higher following rebounds on European and US markets overnight. At 0631 AEDT on Wednesday, the March share price index futures contract was up 20 points at 4,865. In economic news on Wednesday, the Australian ... |
| | | ... US kicking the can down the road," he told AAP. "It doesn't solve the situation but it takes away negativity." With US markets closed on Monday night Australian time for the Martin Luther King, Jr Day public holiday, Mr James said the local market was ... |
| | | ... data. The materials sector - a big component of the local bourse - was up 1.1 per cent. Wall Street closed firmer as US markets cheered upbeat housing data and expressed optimism legislators would reach an agreement to avoid the fiscal cliff. The Dow ... |
| | | ... any identifiable reason or news that would suggest such heavy falls other than that the ASX had been outperforming US markets in recent days. "These things feed on themselves a little bit... I guess we have a situation where our market has outperformed ... |
| | | ... (BoJ) announced monetary easing that was only slightly bigger than market forecasts and cut its growth outlook. With US markets closed because of Hurricane Sandy, Wall Street gave regional investors no lead but comments from Spain and Greece revived ... |
| | | ... meeting and Panaust to post its third quarter report. In Australia, the market on Friday closed lower on fears that US markets will react badly to the latest earnings figures from iPad and iPhone maker Apple. The benchmark S&P/ASX200 index dropped 38.1 ... |
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