Australian Market Report of August 19: Rebound on Favourable Earnings

  Sydney, Australia, Aug 19, 2009 - (ABN Newswire) - US stocks ended the day higher overnight after a sharp slump in the previous trading session. The rebound was helped by better-than-expected earnings from retailers such as Dow component Home Depot. The Australian market yesterday closed slightly lower following the negative lead from overseas markets.  

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