The Australian stock market reached new record highs, driven by gains in the materials and financial sectors. Financials have been a standout performer, up 25%, while miners continue to lag behind, down 8%. Energy stocks struggled, reflecting a global easing in oil price fears. Notable company performances include HUB24, which hit an all-time high due to record inflows, and Baby Bunting, which despite recent losses, saw a 7% gain after a positive quarterly update. Upcoming US earnings reports and speeches from key financial figures are events to watch.

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