Day traders' after-market lounge June 26

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    Thanks afternoon crew.


    End-of-day wrap:


    The share market closed at a near three-month low after a weekend of upheaval in Russia compounded worries about the outlook for the global economy.

    The ASX 200 declined 0.29% to a fourth straight loss. At 7079, this afternoon's close was the weakest since March 29. A split market saw gains in gold miners and tech companies outweighed by falls across the wider market.

    Stocks have been under pressure since last Wednesday as rising interest rates in Europe appeared to sharpen the risk of recession. A brief mutiny by mercenaries in Russia added to uncertainty about the outcome of the Ukraine war.

    Gold and oil rose today, along with US equity futures. S&P 500 futures edged up 0.1% in Sunday night US trade.3

    Last edited by highlandlad: 26/06/23
 
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