Australia stocks hit record high, most other Asia-Pacific markets set to decline

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All eyes are now on Australia’s retail sales data for the month of February.

Australia stocks hit a record high Thursday, while most other Asia-Pacific markets looked set to fall even though Wall Street rallied and the S&P 500 closed at another record high.

All eyes are now on Australia's retail sales data for the month of February, which a Reuters poll expects will rise 0.4%.is also set to open slightly lower, with the futures contract in Chicago at 40,530 and its counterpart in Osaka at 40,380 against the index's last close of 40,762.73.

The Wall Street bank sees three major memory makers as prime beneficiaries of the booming HBM market. Investors can buy three stocks through concentrated exchange-traded funds or diversified funds.

 

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