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Traders work on the floor at the closing bell of the Dow Industrial Average at the New York Stock Exchange on January 10, 2019 in New York. - Wall Street stocks rose for a fifth straight session on Thursday, overcoming disappointing holiday sales from Macy's and other retailers following a day of choppy trade.The Dow Jones Industrial Average finished up 0.5 percent at 24,000.76.The broad-based S&P 500 also gained 0.5 percent to 2,596.59, while the tech-rich Nasdaq Composite Index advanced 0.4 percent to 6,986.07. (Photo by Bryan R. Smith / AFP)
Economy

ASX hitting record highs; RBA to cut in Feb: NAB

Sharemarket sets new highs after US gains. NAB revises rate cut prediction. Private equity circling wealth platform market. CBA says households cutting back spending. Tyro sinks on RBA review of card payments and surcharging.

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Business
SYDNEY, AUSTRALIA: Newswire Photos- NOVEMBER 07 2023: A general view of the digital boards at the ASX in Sydney as the Reserve Bank meets today to discuss another rate rise. Photo by: NCA Newswire /Gaye Gerard

Energy stocks, banks lift ASX

ASX 200 up 1.6 per cent this week. UK exits recession. Financial stress at highest in 8 years: NAB. CBA shareholder class actions dismissed. Bonza administrators in talks with ‘interested parties’. Life360 drops. 

Original URL: https://www.ntnews.com.au/business/companies/page/194