Thanks afternoon crew. End-of-day summary: The share market fell...

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    Thanks afternoon crew.

    End-of-day summary:

    The share market fell away after lunch during a lacklustre session as a US market holiday tonight capped buying interest.


    The ASX 200 faded to a loss of eight points or 0.11% amid speculation that the next move in rates might be upwards following yesterday's "hawkish hold" by the RBA.

    The central bank left the cash rate target unchanged at 4.35% but signalled in its accompanying policy statement that it was growing concerned about stubborn inflation.

    Gains today in energy producers, supermarkets and gold miners were eclipsed by declines in industrials, telcos and banks.

    US stocks closed at fresh highs overnight ahead of tonight's Juneteenth holiday. The S&P 500 firmed 0.25% as Nvidia hit a new peak.
 
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