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The New Daily
The New Daily
Business
Tony Sycamore

Strong market gains and job increases despite another interest rate bump

The ASX200 had its best week in three months, supported by the rebound on Wall Street and strong gains in IT stocks. Photo: Getty

Last week, US stockmarkets extended their rebound after a punishing first half of the year.

The S&P500 finished the week 2 per cent higher while the tech-heavy Nasdaq added almost 5 per cent.

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