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ASX retakes 6000 with 1% rise; Trump shades China

Summary

  • The ASX 200 opened 1% higher on Tuesday with gains spread across the market. Materials were up 1.1% and health stocks gained a collective 1.5%
  • US markets were closed overnight for a Labor Day holiday. European stocks performed well
  • US President Donald Trump says he intends to curb his nation's economic relationship with China
  • Standard & Poor's last night cut AMP's credit rating, citing recent dramas including a strategic view and director departures

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