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US stocks to watch as Biden, Trump fight it out

South African markets closed in the red yesterday, ahead of the South African Reserve Bank’s (SARB) monetary policy meeting.

Retailers, Pick ‘n Pay Stores, Cashbuild, Shoprite Holdings and Foschini Group plunged 17.4%, 4.1%, 2.1% and 1.8%, respectively.

Platinum miners, Anglo American Platinum, Impala Platinum and Northam Platinum dropped 5.4%, 3.1% and 2.9%, respectively.

Telecommunications companies, Vodacom Group and Telkom SA SOC declined 4.7% and 1.8%, respectively.

Insurance companies, Old Mutual, Discovery Holdings and Sanlam shed 2.5%, 2.2% and 1.4%, respectively.

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