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Aussie banks under pressure as big miners gain
A selloff in big US technology stocks forced the Nasdaq-100 to close down 0.5% overnight. But the broader market retained its previous day's gains. Nvidia dropped 2.5%, but Alphabet, Tesla were up ahead of reporting tomorrow morning. Earnings results from Coca-Cola, Lockheed Martin, Philip Morris brought down their share prices. Big Australian miners are making solid gains this week as the powerful banks' flounder.
Stocks mentioned include Alphabet, Agnico Eagle, Barrick Mining, BHP, CommBank, Coca-Cola, Lockheed Martin, Microsoft, Newmont, Nvidia, Philip Morris, Rio Tinto, Tesla
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By Moomoo Australia & New ZealandA selloff in big US technology stocks forced the Nasdaq-100 to close down 0.5% overnight. But the broader market retained its previous day's gains. Nvidia dropped 2.5%, but Alphabet, Tesla were up ahead of reporting tomorrow morning. Earnings results from Coca-Cola, Lockheed Martin, Philip Morris brought down their share prices. Big Australian miners are making solid gains this week as the powerful banks' flounder.
Stocks mentioned include Alphabet, Agnico Eagle, Barrick Mining, BHP, CommBank, Coca-Cola, Lockheed Martin, Microsoft, Newmont, Nvidia, Philip Morris, Rio Tinto, Tesla