Posted 1/23/2024, 8:45:32 PM
ASX Flat as Miners Rally and Other Sectors Sell Off; Tax Cut Changes Eyed
- ASX finishes flat despite mining stocks rallying, as investors sell out of other sectors
- Markets await news on potential changes to legislated stage 3 tax cuts, with Labor caucus meeting today
- Key ASX movers Miners surge but healthcare, tech and consumer stocks fall; Nanosonics plunges 33% on profit warning
- Strong subscriber growth lifts Netflix shares in after-hours trading; United Airlines weighs changes to Boeing MAX order
- Speculation builds government will announce tweaks to stage 3 tax cuts, as it faces pressure on cost of living