Australian Market Report of August 3: Five Months of Solid Gains

  Sydney, Australia, Aug 3, 2009 - (ABN Newswire) - Wall Street ended the last trading session of July with a positive note on Friday. The Dow increased 0.86% for the week and 8.58% for the month thanks for the better-than-expected earnings reports. The US government reported on Friday that gross domestic product declined by 1% in the second quarter, while economists had expected that number to be around 1.5%.  

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