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On Friday, Aussie shares rebounded and ended the week higher after three days of losses. Mining stocks were the best performers, with Rio Tinto (ASX:RIO), BHP Group (ASX:BHP), Fortescue Metals (ASX:FMG), Champion Iron (ASX:CIA) and Mineral Resources (ASX:MIN) all making gains.
In overseas markets, despite worrisome inflation figures in both the US and China, weighing down on global sentiment last week, European markets still ended the week higher. The S&P500 is up 0.7%, the Dow up 0.5% and the Nasdaq up 1%, with the mega-cap tech names supporting the broader market.
The ASX200 is set to open 0.04% lower this morning, going by the SPI futures.
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