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Opening gains for ASX as heavyweights pull ahead

Summary

  • Blue-chip stocks are pushing the ASX 200 higher in early trade as the index rebounds from two sessions of losses
  • Wall Street finished higher after the US Fed vowed to keep using "its full range of tools" to prop up the US economy
  • Victorian coronavirus cases are reported to have increased by 723 overnight - a new daily record
  • Commonwealth Bank has flagged a $300 million provision charge for the second half of 2019-20

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