Australian Market Report of July 29, 2010

  Sydney, Australia, July 29, 2010 - (ABN Newswire) - The Australian shares dropped this morning after Wall Street ended its four straight day rises. US shares fell on news that orders for big-ticket items sank in June on weaker demand for airplanes and electronic goods. The benchmark S & amp;P/ASX200 index lost 0.56 per cent in early trade while the broader All Ordinaries index dropped 0.38 per cent.  

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