Caution gripping the market ahead of the risk events. Stock of the day is TPW...
The ASX followed Wall St's soft lead with caution gripping the market ahead of a number of risk events. The US negotiations on the next stimulus support package are in progress and the big techs, Apple, Google and Facebook report tomorrow. At home, the banks and insurers got a boost from APRA easing of dividend restrictions and consumer staples were up. Tech and miners were hosed....Rio's result after the close saw dividends lifted despite lower net profit.
Our top three VODs of the day are:
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