Rally on the ASX

May 5, 2022 | Daily Market Report Australia

The Aussie sharemarket snapped a three-day losing streak, with the ASX 200 climbing 0.8 per cent or 60 pts, to 7365. Today’s lift was driven by the US market’s performance, where major indices staged a solid rally after the US Federal Reserve – as expected – increased the Federal Funds rate by 50 basis points, […]

 


 

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