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Wall St closed lower overnight as the S&P 500 fell for the fifth straight day, its longest losing streak since October. The Dow Jones gained 0.06%, the tech-heavy Nasdaq lost over half a percent and the S&P 500 lost 0.22%.
Over in Europe, markets closed higher as investors speculate about the first interest rate cut by the European Central Bank. Germany’s DAX closed 0.38% higher, the French CAC closed 0.52% in the green and over in the UK, the FTSE100 ended the trading session up 0.37%.
Locally yesterday, the ASX200 closed 0.48% higher with the majority of the sectors rallying. Gains were led by the information technology and materials sectors which gained 1.01% and 0.99% respectively. This was offset by the health sector which lost 0.47% by market close yesterday.
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