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Over 4 weeks, over 1500 ASX-listed stocks will release their earnings results, that’s nearly 400 stocks a week! it’s almost impossible to keep up!
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Australian shares hit a fresh record high in a volatile session as utilities gained, with investors awaiting the US Federal Reserve’s Thursday rate decision. The S&P/ASX 200 was down 0.1% in the early afternoon, after briefly reaching a new peak of 8153.5, surpassing Tuesday’s record of 8150.5.
Stocks snapped a seven-day winning streak to finish lower overnight after the Federal Reserve delivered a larger 50 basis point rate cut, a move usually reserved for emergencies, marking the first cut since March 2020.
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