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Yahoo Finance's Friday morning wrap

Dig in! Image: Getty
Dig in! Image: Getty

Good morning.

Here’s everything you need to know in finance today.

Stocks: The ASX is expected to open higher on Friday despite a flat day on Wall Street. The Dow Jones Industrial Average finished 0.09 per cent lower, while the S&P 500 was up 0.01 per cent and the Nasdaq Composite was down 0.12 per cent.

Jack Ma: Alibaba co-founder Jack Ma has called for delicacy from leaders negotiating the US-China trade tension, warning that a mis-step could see the “turbulence” continue for another 20 years.

"We have to be very, very careful," Ma said. "We have to solve problems, we should not create more problems.”

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NDIS: Australians have lost faith in a clunky National Disability Insurance Scheme, the minister for the scheme Stuart Robert has conceded.

“Unfortunately, I have ... heard the NDIS is not always living up to high expectations,” Robert said.

Labour market: Australia’s labour market is sick, independent economist Stephen Koukoulas has argued, noting that wages growth has dropped while unemployment and underemployment has risen.

Billionaire tears: US presidential candidate has taken her dispute with America’s billionaires to a new level, now selling “billionaire tears” mugs on her campaign website.

Dig in! And a restaurant booking platform will now reward diners with points every time they eat out, meaning the more you dine out, the more you get back.

Have a great day.

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