ASX 200 live: Star, Insignia in focus; PolyNovo confirms CEO ouster push; US tariff uncertainty batters Wall St
Troubled Star finally strikes Queen's Wharf deal, saves 2700 jobs. Insignia soars as Bain, CC Capital lift offers. PolyNovo's internal turmoil trims under-scrutiny chair's fortunes as shared sink 13pc.
Welcome to the Trading Day blog for Friday, March 7. The ASX 200 index closed 1.8 per cent lower to 7948.20 points after US tariff uncertainty pushed Wall Street's tech-heavy Nasdaq index into correction territory.
On Wall Street, the S&P 500 index closed 1.8 per cent lower, the Dow Jones shed 1 per cent and the technology-focused Nasdaq lost 2.6 per cent, closing in correction territory, or more than 10 per cent off its closing high.
Cryptocurrency giant bitcoin's see-saw moves continued with the market leader sitting above $US88,000 at 5pm AEDT.
The Aussie dollar was trading around US63.01c.
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Originally published as ASX 200 live: Star, Insignia in focus; PolyNovo confirms CEO ouster push; US tariff uncertainty batters Wall St
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