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ASX 200's 3% financial-year gain 'looks a little bit sick'

A rally in US artificial intelligence stocks and sectors ended the financial year on theme! It was the clear driver of the US market for the past 12 months, driving astounding gains across all indices. But also integral in Australia on the commodities front. We unpack the year that was, and give a quick take on the set up for 2026-27.

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The skinny

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