US stocks benefit from Oracle surge; home ownership dream slipping

The ASX 200 has closed 0.3% lower with healthcare stocks dragging the index down, despite gains by gold miners. That’s almost despite Oracle’s shares soaring almost 40% in its best one-day performance since 1992, lifting the S&P 500 and other global markets to record highs. For more, Stephanie Youssef spoke with Mark Gardner from MPC Markets. Plus, new analysis from Domain shows the dream of owning a home is becoming further out of reach – with deposit hurdles, coupled with climbing house prices and mortgage repayments, driving the sharpest generational divide in decades. For more, Stephanie Youssef spoke with Domain’s research chief, Dr Nicola Powell.