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ASX 200 rises; jobless rate falls; CSR yes to Saint-Gobain bid; Sigma-Chemist merger hurdle; FOMC sees one 2024 cut

The S&P/ASX200 closes up 0.44 per cent to 7,749.70. RBA's wait and watch continues with May unemployment rate at 4 per cent. Horror day for winemaker Australian Vintage. Sigma-Chemist union hits ACCC hurdle. ASX Ltd tanks on costs blowouts. 

Jobs, inflation and rates data is driving investor sentiment across global equity markets. Picture: Gaye Gerard
Jobs, inflation and rates data is driving investor sentiment across global equity markets. Picture: Gaye Gerard

Welcome to the Trading Day blog for Thursday, June 13. The ASX 200 index closed 0.4 per cent higher at 7749.70 points, with tech leading the gains. US indexes, Nasdaq and S&P 500, rose to fresh highs on cooling inflation data and despite the Federal Reserve seeing just one rate cut in 2024.

The Aussie dollar is near US66.42c. 

Originally published as ASX 200 rises; jobless rate falls; CSR yes to Saint-Gobain bid; Sigma-Chemist merger hurdle; FOMC sees one 2024 cut

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Original URL: https://www.heraldsun.com.au/business/asx-200-to-rise-amid-jobs-focus-us-fed-pencils-just-one-2024-rate-cut-despite-cooling-inflation/live-coverage/c1d3f951393f80a7e3366fa32a5eafc5