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The Australian sharemarket reversed its earlier gains on Wednesday as the latest inflation data kept the door open to another Reserve Bank interest rate rise.
A mixed reading on producer prices ramped up anxiety ahead of tomorrow's update on consumer prices.
Birkenstock’s Busted IPO Birkenstock decided to set its IPO price high and investors voted with their feet.
Birkenstock is entering the market with hopes to grow its business in Asia and the United States.
A mixed reading on producer prices ramped up anxiety ahead of tomorrow's update on consumer prices. Stocks opened higher across the board Wednesday as investors cheered the latest inflation data. The main indexes struggled as the session wore on, though, as anxiety grows ahead of tomorrow morning's release of the September Consumer Price Index (CPI) report and the start of third-quarter earnings season. This morning's data from the Bureau of Labor Statistics showed the September producer price i