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Leaders of Australia, India, Japan to meet with Biden at the White House – ‘Quad’ summit

US President Joe Biden will host a ‘Quad’ summit on September 24. China’s growing assertiveness is said to be the main topic.

Will be held at the White House, leaders all attending in person.
  • Australia’s Scott Morrison
  • India’s Narendra Modi
  • Japan’s Yoshihide Suga
“Hosting the leaders of the Quad demonstrates the Biden-Harris Administration’s priority of engaging in the Indo-Pacific, including through new multilateral configurations to meet the challenges of the 21st century,” says White House press secretary Jen Psaki
i.e “challenges of the 21st century” = China, I guess.
The last meeting, in March, was virtual:
US President Joe Biden will host a 'Quad' summit on September 24. China's growing assertiveness is said to be the main topic. Australia’s PM praying he still fits on his pants? Dunno.

Dow and S&P snap five day decline. NASDAQ down for the fourth straight day

Dow Jones leads the way led by energy and financials

The Dow and S&P snapped a five day decline. The NASDAQ was not so lucky falling for the fourth consecutive day. However, late day buying did push the major indices higher into the close. The NASDAQ closed well off it’s low level. The S&P was negative going into the last few hours of trading, but erased the declines and closed higher on the day.

The winning sectors included:

  • Energy was the biggest gain or with a 2.95% gain.
  • Financials rose 1.13%
  • Real estate increase 0.49%
  • Communication services rose 0.41%
The losing sectors included:
  • Healthcare, -0.61%
  • Utilities -0.18%
  • Materials -0.01%.
  • Technology was near unchanged at +0.03
The final numbers are showing:
  • Dow industrial average rose 261.91 points or 0.76% at 34869.64
  • S&P index rose 10.15 points or 0.23% at 4468.72
  • NASDAQ index fell -9.9 points or -0.07% at 15105.59
  • Russell 2000 rose 13.24 points or 0.59% at 2240.78
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