News Snapshot:
The financial sector was among the only two in the black thanks to a 2.3 per cent jump in Macquarie Group shares to $177.43. NAB firmed 1 per cent to $27.36, and ANZ rose 0.7 per cent to $24.0. Westpac eked out 0.1 per cent higher to $21.77. Oil prices took a breather following two sessions of strong gains with investors cautious ahead of the US April consumer price index report on Wednesday (10.30pm AEST), which could determine whether the Federal Reserve lifts rates anew in June to get on top of price pressures. Economists forecast a slight moderation in...
