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US and Europe stocks sink on Covid resurgence: Aus shares to open lower

16 Oct 2020 – The ASX is set to drift lower at the open, following weak sessions in international markets as we see a resurgence in Covid-19 cases across Europe and the United States. Traders continue to await news of a potential US fiscal stimulus package as ongoing negotiations continue to weigh on the market. Digital transformation company, Cosol (ASX:COS) has completed its acquisition of AddOns Inc.

Source: Finance News Network

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