Australian Market Report of July 1: Confidence Declined Unexpectedly

  Sydney, Australia, July 1, 2009 - (ABN Newswire) - Wall Street tumbled overnight after a business research group released the confidence report of June which shows a mark below 50. Conference Board said the consumer confidence index fell to 49.3 points in June from a revised 54.8 in May. The unexpected fall has dented investors' sentiment for spending.  

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