Day traders' weekend lounge May 9 - 11

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    Thanks afternoon crew. Have a splendid weekend, all.

    End-of-day summary:

    The share market posted its first weekly decline in four weeks as Friday's gains fell agonisingly short of reversing the last of Monday's sharp fall.


    Banking, tech and supermarket stocks helped the ASX 200 rally 39.5 points or 0.48% on the final session of the week. That left the index seven points or less than 0.1% short of where it finished last Friday.

    Three days of gains through the second half of the week recouped most of an 80-point fall on Monday, which came as oil prices sank and Westpac released disappointing earnings.

    The mood on global markets brightened as the week wore on, delivering Wall Street further gains overnight as the White House unveiled the framework for a trade deal with the UK and reports suggested the Trump administration will more than half its 145% tariff on Chinese imports to facilitate trade negotiations with Beijing. The S&P 500 rallied 0.58%.
 
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