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ABC News
ABC News
Business
business reporter Sue Lannin and wires

ASX in the red, Nasdaq boosted by Tesla, and Goldman Sachs set to lay off thousands of workers — as it happened

Nasdaq Tesla Inc. Sue Lannin Dow Jones Facebook

The Australian share market has finished lower after four sessions of gains, with investors worrying the US Federal Reserve will keep raising interest rates above 5 per cent, and keep them there for a while after comments overnight by Fed officials. 

And US investment bank Goldman Sachs is set to start laying off workers tomorrow amid the slowing global economy and falling income from investment banking. 

Disclaimer: this blog is not intended as investment advice.

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