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Earnings misses knock Wall St: ASX to open lower

20 Apr 2018 – We are set to see Australian stocks open lower this morning as earnings misses knocked Wall Street. After soaring the previous session, and pressing higher in early London trade, base metals ended lower amid speculation Russia could nationalise aluminium producer Rusal to help it survive the impact of US sanctions. At home, REA Group (ASX:REA) announced that realestate.com.au has made the final payment of $104.5 million to take over iProperty Group.

Source: Finance News Network

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