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| | | The Australian market looks set to open strongly higher following Wall Street's surge led by tech stocks after US Federal Reserve minutes showed no support for an early rise in interest rates. At 0645 AEST on Thursday, the June share price index futures ... |
| | | | ... said the overseas interest in David Jones had come as a surprise and the positive vibe had spilled over to other retail stocks. In the retail sector, Myer was 11.5 cents, or five per cent, higher at $2.415. Harvey Norman was 10 cents richer at $3.26. ... |
| | | | The Australian share market is set for a positive start to trade, after a slight recovery in technology stocks pushed Wall Street higher. At 0750 AEST on Wednesday, the June share price index futures contract was up 24 points at 5,428. In economic news ... |
| | | | ... global investment manager Tim Radford said US markets finished more than one per cent lower thanks to heavy losses in tech stocks. But, he said, the local market had fared relatively well at the open, given the weak lead. "Technology shares are getting ... |
| | | | ... Investment Officer at Heritage Capital Management David Moenning cited examples of the kind of dumping certain "buzzed" stocks have suffered: "...Amazon.com (AMZN) is down -20.6 percent from its January high." "Yelp (YELP) has crashed -32.9 percent in ... |
| | | | ... set to open lower after Wall Street slumped for the third straight session with investors fearing high-flying technology stocks are overvalued and cautiously anticipating earnings season. At 0645 AEST on Tuesday, the June share price index futures contract ... |
| | | | ... companies in the US overshadowed a solid US jobs report, Bell Potter senior adviser Stuart Smith said. "It was momentum stocks (mostly from the tech and biotech sectors) that have been sold and brought back to more reasonable levels in the US," he said. ... |
| | | | ... to 5,409.9 points. The broader All Ordinaries index added 6.9 points, or 0.13 per cent, to 5,415.7 points. NEW YORK - US stocks closed modestly lower as investors digested a series of economic data ahead of Friday's big jobs report for March. The Dow ... |
| | | | ... S&P 500 has risen to a new high, but the Dow Jones Industrial Average fell just short of a record on another good day for stocks. Positive sentiment on Wednesday lifted the S&P 500 by 5.38 (0.29 per cent) to 1,890.90, the second record close in a row. ... |
| | | | ... cents at $34.62, ANZ had firmed seven cents at $33.14, while Commonwealth Bank was down 18 cents at $76.95. Among other stocks, Goodman Fielder, Australasia's biggest food company, had plunged 11.75 cents, or 19.3 per cent, to 49.25 cents after it said ... |
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