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USA TODAY 3 hours ago More Americans are cash poor and paying a high price for it. Here's how high. More middle-class Americans are cash poor. They need short-term loans for emergencies, but the high fees can worsen their finances, a report says.
If Treasury yields continue to rise, either stock prices need to fall or companies need to produce bigger profit growth to make up for it. All told Tuesday, the S&P 500 rose 6.69 points to 5,842.91.
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The S&P/ASX 20 index is a stock market index of stocks listed on the Australian Securities Exchange from Standard & Poor's.While the "ASX 20" often simply refers to the 20 largest companies by market capitalisation, the S&P/ASX 20 Index is calculated by using the S&P Dow Jones Indices market capitalization weighted and float-adjusted methodologies.
The ASX 200 was started on 31 March 2000 with a value of 3133.3, [3] equal to the value of the All Ordinaries at that date. The ASX 200 reached 6,000 points for the first time on Thursday 15 February 2007. [4] On 22 December 2017, the ASX 200 was 6,069. [5] The ASX 200 crossed the 7,000 points level for the first time on 16 January 2020. [6]
Today, ASX has an average daily turnover of A$4.685 billion and a market capitalisation of around A$1.6 trillion, making it one of the world's top 20 listed exchange groups, and the largest in the southern hemisphere. ASX Clear is the clearing house for all shares, structured products, warrants and ASX Equity Derivatives.