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ASX 200 down 0.3pc; Austal chair John Rothwell steps down; Ramelius' $87.7m Spartan move; Micron dives

ASX rebounds strongly after big fall. Seven West YouTube accounts hacked. Austal chair John Rothwell hands reins to ex-US Navy official next week. Ramelius' $87.7m Spartan buy-in. US futures dive on Micron fall.

Investors are under pressure to make choices in an inflation-strained economy. Picture: Nikki Short
Investors are under pressure to make choices in an inflation-strained economy. Picture: Nikki Short

Welcome to the Trading Day blog for Thursday, June 27. The ASX 200 index closed down 0.3 per cent to 7759.60 points with property stocks the worst hit. US markets closed higher on tech gains.

The Aussie dollar is trading around US66.68c at 5.05pm AEST.  RBA official Andrew Hauser's speech tonight may move the dial overnight.

Originally published as ASX 200 down 0.3pc; Austal chair John Rothwell steps down; Ramelius' $87.7m Spartan move; Micron dives

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Original URL: https://www.adelaidenow.com.au/business/asx-200-to-fall-as-inflation-fears-grip-market-amazon-gains-boost-wall-st/live-coverage/8da971d5ff3908680a50f9c589e94703