Australian Market Report of January 9: Downturn Unchanged

  Sydney, Australia, Jan 9, 2009 - (ABN Newswire) - Wall Street closed mixed overnight with Dows fell 0.31 per cent but S & amp;P 500 index and Nasdaq Composite up. Investors looked to the weak sales forecast from the retail sector and anticipated a 12th straight month of job losses in the Labour Department's December payroll report.Yesterday Australian shares ended lower as the resources sector was dragged by the dropping commodities prices.  

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