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ASX:ANN 8 January 2026

Australia stock market today: ASX 200 closes higher as tech rebounds; BlueScope pushes back on $13.2b bid

Australia stock market today: ASX 200 closes higher as tech rebounds; BlueScope pushes back on $13.2b bid

The S&P/ASX 200 closed up 0.29% at 8,720.8, led by gains in tech and healthcare, while miners fell. BlueScope rejected a A$13.2 billion takeover bid from SGH and Steel Dynamics. Ansell shares dropped 6.2% as CEO Neil Salmon announced his retirement, with Nathalie Ahlström set to take over in February. The Australian dollar slipped to about 67 U.S. cents.
8 January 2026
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Stock Market Today

  • The Progressive Corp. Shares See Unexpected Movement at $194
    May 15, 2026, 11:42 AM EDT. The Progressive Corporation (NYSE: PGR), a leading insurance holding company, experienced unexpected price action, with shares declining by 0.89% to $194. The firm offers various insurance products including personal and commercial auto, residential and commercial property, and specialty property-casualty insurance. This movement has drawn significant attention from investors watching the insurance sector closely.

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Tesla Stock Drops Today as China FSD Hopes Stall After Trump-Xi Summit

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Tesla shares dropped 3.7% Friday after President Trump left Beijing without securing Chinese approval for the company’s Full Self-Driving software. U.S. executives, including Elon Musk, departed the summit with little clarity on regulatory gains. Tesla’s China-made EV sales rose 36% in April, but analysts warn delays in FSD approval and competition from local rivals could limit growth.
Rivian Stock Gets a $3.4 Billion Robotics Twist as R2 EV Test Looms

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