The Opening Bell || Will Fed's Inflation Stance Continue To Weigh On Shares?

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The Opening Bell || Will Fed's Inflation Stance Continue To Weigh On Shares?

• Investment management firm Challenger traded in the red despite reaffirming its profit guidance for financial year 2021.

• The cryptocurrency market also traded in red. On Wednesday, Bitcoin dopped 3.6 per cent to US$38,703, while its peers Ethereum and Dogecoin were down 5.3 per cent and 3.2 per cent, respectively.

• Pure clay coal miner Whitehaven Coal dipped lower on expecting downtick in guidance.

• Tech Shares such as Xero , WiseTech , and Altium traded lower during early market hours.

• ASX-listed copper players OZ Minerals and Sandfire Resources traded in red. This is despite Copper prices recovered from lower levels on Wednesday

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