Share markets rebound, covid update and Elvis getting his mojo back

Switzer Daily
26 July 2021
Share market indexes mostly managed to
look through coronavirus concerns over the last week and rebound helped by good
US earnings and dovish guidance from the ECB. The positive global lead also
helped push up the Australian share market to a new record high, despite
expanding lockdowns, with strong gains in lockdown winners like health and IT
offsetting weakness in resources stocks. The $A fell as the $US rose further.
And Bitcoin had a bounce as celebrity influencers Elon Musk, Jack Dorsey and
Cathie Wood reportedly said nice things about it!
Despite their bounce of the last week

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