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Wall St closes in the red as inflation jitters continue: ASX to fall

12 May 2021 – The ASX is to open lower following Wall St closing in the red on continued fears around rising inflation rates. The Federal Government has unveiled its “recovery budget plan” to steer the country out of the pandemic with new funding on the table. Macquarie downgrades A2 Milk (ASX:A2M).

Source: Finance News Network

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