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Morning Report 06 Oct 25: Rate cut hopes sustain Wall Street amid government shutdown

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Wall Street ended the week on a mixed footing as the government shutdown entered its third day. Healthcare led the gains, with pharma stocks rising for a second day, while Palantir shares slumped amid renewed doubts over the company’s technology. Elsewhere, oil was in focus after OPEC announced a smaller-than-expected production increase. Back home, Aussie shares are set to open modestly higher on Monday ahead of a public holiday in some states.

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