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Twitter shares plunge on Donald Trump ban, as ‘nervous’ Wall Street investors cash out – ABC News

Australian shares are expected to open flat, Twitter shares tumble after it banned Donald Trump’s account, and Wall Street slipped from record highs as its stellar…

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The Australian share market is expected to open flat as Wall Street dropped from record highs, while Democrats moved to impeach US President Donald Trump for a second time.
Key points:

  • Twitter, Facebook, Instagram and others have banned or restricted Trump’s accounts
  • The Australian dollar hit 78.2 US cents last week, its highest value since April 2018
  • The ASX 200 has dropped 3.4pc in the past 12 months

Twitter’s share price tumbled after the company permanently suspended Mr Trump’s widely-followed…

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Sue Gilroy