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S&P 500 at record, ASX eyes earnings
Despite a soft finish on Wall Street the S&P 500 finished at its 31st record close this year and the Dow ended just below a new high. The SPI is pointing to a lower open for the Australian share market ahead of more earnings reports. Among the companies expected to report full year results today are Qantas Airways Limited (ASX:QAN), Nine Entertainment Co Holdings Limited (ASX:NEC), Ramsay Health Care Limited (ASX:RHC) and Billabong International Limited (ASX:BBG). Making economic news Australians will get a read on private capex and credit and new home sales. Across commodity markets the iron ore price has struck a ... (full story)