Day traders' weekend lounge May 17 - 19

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    Thanks afternoon crew. Have a great weekend, all.

    End-of-day summary:

    The share market trimmed a fourth straight weekly advance as gains in mining stocks were overwhelmed by declines across the wider market.


    The ASX 200 declined 67 points or 0.85% from yesterday's six-week closing high. The retreat clipped the index's gain for the week to 65.5 points or 0.84%.

    Commodity gains helped iron ore, lithium and copper miners outperform. Tech stocks, healthcare providers and real estate investment trusts weighed heaviest after US stocks failed to hold record levels overnight. The S&P 500 faded to a loss of 0.21% after setting a new intraday peak.

    Iron ore miners were boosted mid-morning by news that China's factory production expanded more than expected last month. However, gauges of retail sales and fixed asset investments fell short of expectations, leaving the overall picture of the economy looking lumpy.




 
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