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S&P/ASX 200 slips as investors fear a COVID-19 resurgence


S&P/ASX 200 slips as investors fear a COVID-19 resurgence
Brent crude gained 0.6% to US$69.00 a barrel on Tuesday after slumping around 7% in the previous session.
Dow Jones index in the US tumbled 700 points on Monday for its worst drop since October.
S&P/ASX 200 (INDEXASX:XJO) has slipped for a second day, with the index easing by 0.12% to 7,277 points by about 1.15 pm.
This follows a significant 1.6% tumble for the S&P500 overnight on Wall Street as the spread of the COVID-19 Delta strain and lockdown uncertainty continues to keep markets on edge.
Oil price tumbles
Locally, energy stocks were the hardest hit following ~7.5% in oil prices overnight as COVID-19 infections surged and OPEC+ agreed to gradually ramp up oil production through to September 2022. ....

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Great Boulder Resources on site at Mulga Bill as diamond drilling gets underway


Great Boulder Resources on site at Mulga Bill as diamond drilling gets underway
Great Boulder Resources Ltd s (ASX:GBR) Andrew Paterson speaks to Proactive s Andrew Scott from on site at Mulga Bill as diamond drilling gets underway across five high-grade gold targets. The program is set to test high-grade lodes in the central area of Mulga Bill, around the initial reverse circulation (RC) intersection of 6 metres at 31.25 g/t gold.
Quick facts: Great Boulder Resources Ltd
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Andrew Paterson , Andrew Scott , Great Boulder Resources Ltd , Mulga Bill , ஆண்ட்ரூ பேட்டர்சன் , ஆண்ட்ரூ ஸ்காட் , நன்று கற்பாறை வளங்கள் லிமிடெட் , முல்கா ர சி து ,

S&P/ASX 200 dips on the first day of FY22 after closing out its best year on record


13:48 Thu 01 Jul 2021
S&P/ASX 200 dips on the first day of FY22 after closing out its best year on record
OPEC+ may discuss on Thursday about extending the current oil production cuts beyond its original end date of April 2022.
The crude oil price is near multi-year highs and recorded its seventh monthly gain in the past eight months.
S&P/ASX 200 (INDEXASX:XJO) has slipped 0.48% to 7,277.6 following mixed moves overnight on Wall Street, with the S&P 500 hitting another record high while the Nasdaq fell 0.2%.
The local index has surged 24% in the last 12 months for its best year on record. ....

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