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Lunch Report: ASX 200 gives up early gains, banks outperform

The Aussie market is experiencing a split in performance between the tech stocks and the rest of the market as investors continue to digest the moves higher for bond yields and the impact on high growth stocks.

The Aussie market is experiencing a split in performance between the tech stocks and the rest of the market as investors continue to digest the moves higher for bond yields and the impact on high growth stocks. The likelihood of more US stimulus is also accelerating the rotation out of tech or ‘stay-at-home’ names.

https://youtube.com/watch?v=-eSHaJtFMg0

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