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Australia 200 index stabilizes amid mixed earnings reports and sector declines
The ASX 200 rose 21 points (0.25%) to 8261 amid a calmer session following Nvidia's Q4 earnings report, which disappointed investors as shares fell 1.5%. The index is down 3.12% for February, primarily due to poor earnings in the financial, healthcare, and IT sectors, while defensive sectors like consumer staples and utilities gained. Key earnings reports are expected from Life360, Star Entertainment, TPG, and Harvey Norman tomorrow.
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