ASX takes a breather after 14-month high; cryptocurrency Dogecoin soars
Posted Yesterday at 9:56pm
ThuThursday 15
updated 2
The Dow Jones index closed above 34,000 for the first time.
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The Australian share market has pulled back after reaching a 14-month high yesterday, despite more records on Wall Street overnight.
Key points:
US stocks hit record levels as major companies posted strong quarterly earnings
The Dow Jones rose 0.9pc to 34,036, the S&P 500 rose 1.1pc to 4,170, and the Nasdaq rose 1.3pc to 14,039
The All Ordinaries reached a record high in yesterday's trade, but at 1:00pm AEST was down nearly 0.3 per cent to 7,296.