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Australian shares are poised to drop sharply at the open following a sell off on wall street triggered by shock retail sales and industrial output data.
Home wall street 2. On wall street the industrial skewed dow jones fell 2353 points or 10 per cent to 21201 overnight. Investors clung to the positives on wall street to send indexes higher setting up the australian sharemarket for a positive start to the day. Emerging from a lengthy prison. Brooks brothers inc the two century old menswear company that set the standard for aspiring wall street bankers is seeking to sell itself.
At 730am aest futures are pointing to a 5 point or. Douglas is back in his oscar winning role as gordon gekko whos iconic greed is good mantra and daring corporate raids made him a rock star of financial titans.