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The S&P 500 and Nasdaq eked out record closing highs on Tuesday, with tech-related shares extending recent gains as investors awaited further jobs data.
The Nasdaq and S&P 500 scored record closing highs overnight, boosted by tech-related shares following the market's strong November gains, as investors awaited this week's economic data.
The S&P 500 and Dow Jones Industrial Average notched record closing highs during a shortened Black Friday session, lifted by technology stocks such as Nvidia.
Wall Street's main indexes ended higher overnight, with the small-cap Russell 2000 index hitting an all-time high after Scott Bessent's nomination as US treasury secretary helped push bond yields lower.
Wall Street closed higher to end last week, with all three major indices posting weekly gains as investors took comfort from data pointing to robust economic activity in the world's biggest economy.
Anthony Albanese has backed commitments by global leaders to deepen climate change action as Australia positions itself as an attractive place for renewable investment.
Wall Street's main indexes closed lower overnight after federal reserve chair Jerome Powell dampened investors' hopes for another interest rate cut this year by saying the US central bank need not rush to ease monetary policy.
The ASX200 has edged higher to lift itself out of a three-day losing streak, as gains in IT stocks and financials outweigh a sluggish materials sector.
The Dow and the S&P 500 ended slightly higher overnight while the Nasdaq lost ground after October data showed consumer prices rising in line with expectations.
A $900 million fund has been welcomed by economists hopeful it will modernise the construction industry where productivity has been flat for three decades.