A sell-off in mining stocks pulled the Australian sharemarket down in the afternoon. The S&P/ASX 200 Index fell 0.3%, or 23.6 points, to 7806.1, with seven out of 11 sectors declining.
Powering A.I. & Store of Value
Stocks eked out another tiny gain to secure another record close for the fifth-straight session as testimony from Federal Reserve Chair Jerome Powell didn’t sway investors from bets on a first rate cut in September.
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