ASX 200 closes down 0.1% on mining falls; BlueScope sinks; Chalice gains

ASX 200 closed down 0.1% after Singapore iron ore futures fell. Major miners BHP and Rio are in negative territory with steel giant BlueScope the worst hit. Chalice the top gainer. 

ASX stocks in mixed trading. Picture: NCA Newswire / Gaye Gerard

Welcome to the Trading Day blog for Wednesday, November 10. The ASX closed down 0.1 per cent as falling iron ore futures added to downward pressure on miners. Chalice was the top gainer.

The ASX 200 index closed down 0.1 per cent at 7423.9.

Overseas, Wall Street ended its rally after the US producer price index rose in October, indicating a further increase in the consumer price index, due this week.  The Dow Jones index fell 0.3 per cent, S&P 500 was down 0.4 per cent and the tech-rich Nasdaq lost 0.6 per cent. Tesla fell 12 per cent

Bitcoin surged to a historic high of $US68,513.  

Iron ore decreased by 1.5 per cent to near 18-month lows of $US92.45 a tonne.

The US Nymex crude (WTI) price rose 2.7 per cent to $US84.15 a barrel.

Originally published as ASX 200 closes down 0.1% on mining falls; BlueScope sinks; Chalice gains