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Evening Report: ASX falls as RBA takes steps to pare back stimulus

The ASX 200 has closed at the lows of the day with the index falling 53pts or 0.73% to 7261 on Tuesday following the RBA rate decision this afternoon.

The ASX 200 has closed at the lows of the day with the index falling 53pts or 0.73% to 7261 on Tuesday following the RBA rate decision this afternoon. While most sectors fell, energy stocks rose on firmer oil prices while department store Myer (MYR) rallied nearly 15% today.

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