Australian Market Report of July 24: To Resume Winning Ways

  Sydney, Australia, July 24, 2009 - (ABN Newswire) - Wall Street posted a strong gain overnight with Dow index jumped above 9000 points mark for the first time since January. The market was bolstered by upbeat housing data and favourable corporate earnings. Yesterday the Australian shares closed marginally lower after the fall of US stocks. The benchmark S & amp;P/ASX200 ended its rally, losing 4.4 points or 0.1 per cent at 4064.1.  

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