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ASX 200 live: Corp Travel, Block cut guidance; Atlassian sinks on loss; CBA record; Apple, Amazon profits up

Stocks rise as China's official statement after US outreach on trade talks signals thawing in relations. Block, Corporate Travel shares dive on tariff uncertainty. CBA hits $169.27.

The ASX has turned higher on China's potential openness to trade talks with the US. Pictures: AFP
The ASX has turned higher on China's potential openness to trade talks with the US. Pictures: AFP

Welcome to the Trading Day blog for Friday, May 2. The ASX 200 index is up 1.1 per cent to 8231.1 points at 2.15pm AEST reflecting investor optimism about trade talks between US and China.

Wall Street's major indexes all booked gains - the S&P 500 rose 0.6 per cent, the Dow Jones index was 0.2 per cent higher and the technology-focused Nasdaq lifted 1.5 per cent. Quarterly updates from Apple and Amazon were released after market close.

Cryptocurrency giant bitcoin is above $US97,000.

The Aussie dollar is trading around US64.16c after retail sales missed estimates.

Originally published as ASX 200 live: Corp Travel, Block cut guidance; Atlassian sinks on loss; CBA record; Apple, Amazon profits up

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Original URL: https://www.adelaidenow.com.au/business/markets/asx-200-live-all-the-latest-china-trump-updates-amazon-apple-business-results-updates-and-economic-news/live-coverage/65d7755da04c12f0d5dc905721bc6f43