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Australian stock market rebounds despite concerns over US tariffs and recession fears.
Australian shares rebounded Tuesday, with the S&P/ASX200 up 1.65% and All Ordinaries rising 1.80%, after a 4.1% drop on Monday.
This volatility stems from uncertainty over US tariffs and fears of a US recession, with Goldman Sachs raising recession probability to 45%.
Despite some sectors like IT and consumer discretionary stocks showing gains, ongoing uncertainty is expected to cause market volatility.
Oil prices rebounded slightly but remain at three-year lows.
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El mercado de valores australiano se recupera a pesar de las preocupaciones por los aranceles estadounidenses y los temores de recesión.