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ASX closes 0.2% lower, Macquarie hits high, iron ore futures falter
ASX closes lower on US economy and growth concerns. Iron ore futures falter. Macquarie shares surge on update.
Welcome to the Trading Day blog for Wednesday, September 8. The ASX 200 closed -0.2% lower for the day on concerns about the US economy and global recovery. Iron futures were down.
Macquarie Group shares were higher after a trading update and positive analyst reviews.
On Wall Street, indexes closed mixed, with the Dow closing down 0.8 per cent, the S&P 500 falling 0.3 per cent, and the Nasdaq edging up 0.1 per cent.
Bitcoin briefly bounced after becoming legal tender in El Salvador before slumping lower.
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Originally published as ASX closes 0.2% lower, Macquarie hits high, iron ore futures falter
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