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ASX 200 closes down a mere 20 points (0.29%) to 6997 after rallying hard off a low of 6905. A promising turnaround in resources on higher ore prices, BHP lost 0.% after its production report and FMG unchanged. Banks were lower but CBA bucked the trend rising 0.5%. Business  updates and quarterly reports dominated, NXL had a shocker falling 15.5% after guiding to a prospectus miss and troubles as client switched to more SaaS based plans. Coal stocks suffered with CRN down 11.6% and WHC falling 5.9% In economic news, retail sales beat forecasts rising 1.4%. Eureopen futures opening flat and Dow futures down 60.