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The tech heavy was Nasdaq down around 1%, after tech stocks came under pressure following President Joe Biden proposing a minimum corporate tax rate of 15%, which would lift the overall tax rate to 28%. This saw Tesla shares fall 5.3%.
Despite all three US benchmarks closing lower, the Aussie share market is set to open higher, with the futures suggesting the market will rise 0.03% to 7,265 points.
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