Call of M&A 🎮

It was a weak lead overnight as US treasury yields hit 2-year highs and pressured big tech - even the high quality names - but in reality all the broader indices retreated. Aussie tech again bore the brunt closing down nearly 2%, with Megaport losing an aggressive 16%, WiseTech down nearly 4%. Healthcare and Financial sectors closing down 1.9% and 1.5% respectively. Today’s price action on the whole was forgettable, the ASX200 closing down 76 points or -1%. Tonight, look out for Bank of America, Procter & Gamble, Morgan Stanley and US Bancorp.


Our top three VODs:

Rising rates and growth disappointment spell trouble for equities

Microsoft makes a US$70b bet on video games

With value in season...Nick's buying


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