Global stocks finish week down
Global stocks retreated on Friday on the back of signs US tax reform could be delayed. Bitcoin dropped more than $1,000 from its Wednesday record high.
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commodities | Value | Change | %Change |
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commodities | Value | Change | %Change |
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0.0000 | 0.0000 | 0.000% | |
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Global stocks retreated on Friday on the back of signs US tax reform could be delayed. Bitcoin dropped more than $1,000 from its Wednesday record high.
US equities posted the first weekly loss in more than two months as investors turned leery after congressional Republicans made little progress in passing tax cuts.
The local sharemarket ended the week on a sour note but remained comfortably above the 6000-point threshold reached on Tuesday to hover around post-GFC highs.
Shares ended the week on a sour note but remained comfortably above the 6000-point threshold reached on Tuesday to hover around post-GFC highs.
Lines of 12.9 million and 2 million AirXpanders Inc securities changed hands at lunch time on Friday for 68¢ a security.
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As property prices come off, but wages fail to grow, people are much more sensitive to interest rate hikes, says UBS.
News that the Republican Senators' plan would delay any tax cuts until 2019 has thrown cold water on Wall Street.
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