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Wall Street dips on robust US jobs data
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Business
Australian Associated Press
Wall St mixed amid Salesforce sell-off
Wall Street has ended mixed as a sell-off in Salesforce weighed on the Dow, while traders digested US data that suggested the Federal Reserve's interest rate hikes are working.On Wednesday, the S&P; 500 surged more than three per cent on optimism the Fed might moderate its campaign of interest rate hikes.
Business
Australian Associated Press
CBA touts 'PayTo' tool, ecommerce platform
Australia's biggest bank is touting the promise of a new industry-wide tool it says will revolutionise recurring payments, as well as launching a new ecommerce platform for merchants.Commonwealth Bank executives on Thursday talked up the "PayTo" functionality the bank activated in September, as well as its new PowerBoard platform it is launching with Sydney fintech Paydock.
Business
Australian Associated Press
Wall St jumps after Powell's rate comments
Wall Street has ended sharply higher after Federal Reserve chair Jerome Powell said the central bank might scale back the pace of its interest rate hikes as soon as December.The S&P; 500 on Wednesday rallied from an earlier loss and the Nasdaq jumped after the release of Powell's remarks prepared for delivery at the Brookings Institution think tank in Washington.

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Wall Street dips on robust US jobs data