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Tech & Science ASX set to dive as Wall St rally fades

01:11  08 april  2020
01:11  08 april  2020 Source:   msn.com

Man charged after allegedly posing as policeman and sexually assaulting two women in Adelaide

  Man charged after allegedly posing as policeman and sexually assaulting two women in Adelaide A 31-year-old man is charged with rape and robbery after the alleged sexual assault of two women in their homes by a man posing as a police officer in the Adelaide CBD on Friday night.Police have alleged a 31-year-old man gained access to a woman's home in Adelaide about 8:30pm on Friday after purporting to be a police officer.

Wall Street continues to suffer as US health officials warn the death toll from the COVID-19 pandemic will surge. The Dow Jones and S&P 500 indexes The Australian share market rallied on Wednesday with a 3.58 per cent rise for the S&P/ ASX 200 benchmark index, even as the Reserve Bank released

A late rally from banking and health care helped lift the Australian share market off a near two-year low but commodity-related stocks and tech shares The benchmark S&P/ ASX 200 index was down 29 points, or 0.51 per cent, at 5642.8 at 1615 AEDT on Wednesday, while the broader All Ordinaries was

SYDNEY, AUSTRALIA - MARCH 19: An electronic board displaying stock information at the Australian Securities Exchange, operated by ASX Ltd, on March 19, 2020 in Sydney, Australia. The Reserve Bank of Australia has cut official interest rates to a record low of 0.25% in a bid to protect the economy from the financial fallout of the global COVID-19 pandemic.  (Photo by Brendon Thorne/Getty Images) © 2020 Getty Images SYDNEY, AUSTRALIA - MARCH 19: An electronic board displaying stock information at the Australian Securities Exchange, operated by ASX Ltd, on March 19, 2020 in Sydney, Australia. The Reserve Bank of Australia has cut official interest rates to a record low of 0.25% in a bid to protect the economy from the financial fallout of the global COVID-19 pandemic. (Photo by Brendon Thorne/Getty Images)

The Australian share market is expected to slide at the open after Wall Street shed its early gains on a steepening oil price decline.

The SPI200 futures contract was down 52 points, or 0.99 per cent, at 5,190.0 points at 0700 AEST on Wednesday, suggesting local stocks will extend losses the start of trade.

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  Dozens fined over attending Qld car rally Police have charged dozens of drivers and passengers who blatently disregarded coronavirus social distancing rules and mingled at a large car rally in Brisbane.Almost 60 people who attended a large car rally in Brisbane have copped hefty fines for breaching coronavirus restrictions.

Australian shares have rallied through the afternoon to close the session flat on a mixed day of trading. The market opened the session lower before rallying through the day and eventually closing just a few points shy of Wednesday's close.

The local sharemarket is set to extend its recovery rally on Tuesday after shares on Wall Street soared in overnight trade amid signs new coronavirus cases were falling. ASX futures are up 124 points, or 2.4 per cent. On Wall St : Dow +7.7% S&P 500 +7% Nasdaq +7.3%. In New York: BHP +6.3% Rio

The S&P/ASX200 benchmark index touched a high of 5,423.1, a gain of 2.6 per cent, in the first 10 minutes of trade on Tuesday but ended up finishing down 34.5 points, or 0.65 per cent, to at 5,252.3 points.

The All Ordinaries index shed 22.3 points, or 0.42 per cent, to 5,301.3, after going as high as 5,464.2.

Much like local equities, US stocks built early gains on Tuesday following tentative signs coronavirus outbreaks in some of the biggest hot spots are easing.

However, the major overseas indicies slipped as oil prices plunged late in the session.

The Australian dollar was buying 61.68 US cents at 0700 AEST, down from 61.84 US cents at the close of markets on Tuesday.

No exception to the test ban: Toyota is not allowed to test the new Yaris WRC .
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