ASX 200 live: Bain out of Insignia race; ASIC action against Macquarie; CBA profit up; Aristocrat falls

Annual wages rose more than expected due to public sector spending. CC Capital still keen on Insignia after Bain withdraws. ASIC lands another blow on Macquarie. Aristocrat sinks on earnings miss.

CBA chief executive Matt Comyn's update on the bank's quarterly earnings update is on investor radars.

Welcome to the Trading Day blog for Wednesday, May 14. The ASX 200 index closed 0.1 per cent higher to 8279.60 points with energy gains are offset by utilities and consumer stock falls.

Wall Street closed mixed with the S&P 500 rose 0.7 per cent, getting back into positive territory for the first time since February amid the optimism around US-China trade talks. The technology-focused Nasdaq built on earlier gains, closing 1.6 per cent higher. But the Dow was down 0.6 per cent, weighed down by corporate news.

Cryptocurrency giant bitcoin was above $US103,000 at 5pm AEST.

The Aussie dollar was trading around US64.74c.

Originally published as ASX 200 live: Bain out of Insignia race; ASIC action against Macquarie; CBA profit up; Aristocrat falls