Day traders' weekend lounge December 1 - 3

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    Thanks afternoon crew. Slow end to a promising week. Market seems a bit worn out after that big November gulp.

    End-of-day summary:

    The share market edged higher this week, thanks to three straight gains from Tuesday through Thursday as cooling inflation bolstered hopes that global interest rates have peaked.


    The ASX 200 secured an advance of 32 points or 0.46% for the week despite easing 14 points or 0.2% this session. Most sectors declined today following a mixed end to a strong month on Wall Street.

    The November rally continued this week as inflation data here and in the US supported the growing conviction that central banks have made enough headway against inflation to leave rates on hold for a while. Overnight, the Dow closed at its highest in almost two years after the Federal Reserve's preferred measure of inflation showed the smallest year-on-year growth in two and a half years.
 
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