Australian bank, retailers to benefit from GDP growth
Banks and supermarkets are just two sectors of the Australian sharemarket expected to gain long term from strengthening economic growth, revealed in GDP figures released yesterday, explains moomoo's Michael McCarthy. And in US tech stocks, Alphabet soared, pushing the Nasdaq up 1% overnight, , while Figma and Salesforce suffer after releasing results. Watchlist: Alphabet, Salesforce, Figma Check out all these stocks on moomoo's quote page: moomoo.com/quote
The skinny
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