US stocks benefit from Oracle surge; home ownership dream slipping

The ASX 200 has closed 0.3% lower with healthcare stocks dragging the index down, despite gains by gold miners. That’s almost despite Oracle’s shares soaring almost 40% in its best one-day performance since 1992, lifting the S&P 500 and other global markets to record highs. For more, Stephanie Youssef spoke with Mark Gardner from MPC Markets. Plus, new analysis from Domain shows the dream of owning a home is becoming further out of reach – with deposit hurdles, coupled with climbing house prices and mortgage repayments, driving the sharpest generational divide in decades. For more, Stephanie Youssef spoke with Domain’s research chief, Dr Nicola Powell.

Source: SBS News

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