Australian Market Report of April 9: Look to Improved Earnings Guidance

  Sydney, Australia, Apr 9, 2009 - (ABN Newswire) - US stocks ended modestly higher overnight amid optimism over retailers' improved sales, halting the two days decline. Investors were prepared for a tough reporting season and awaiting favorable earnings guidance for the rest of the year to change the market sentiment.Australian shares closed lowered yesterday as investors expected a further fall on US market. The S & amp;P/ASX 200 fell 86.  

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