Market Close 21 May 24: Telstra job cuts impact share price

The market ran out of steam today following a run toward record highs.  Laura and Stevie reflect on the strong run that we have seen, and how the lack of economic news is fuelling this wait and see moment for the market.  They explain the impact of the recent budget announcement, the performance of stocks in the materials sector which have seen a drop back following recent highs, and why Star Entertainment and Telstra made headlines today.

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