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ASX 200: WiseTech sold off; Premier, Myer build on losses; Macquarie bets $US5bn on Applied Digital data centres; Cash-strapped Star on watch; Arafura gets $200m from Labor

WiseTech shares dive on heavy volume amid suspected institutional selling.Independent expert backs Premier, Myer deal after recalculations. Billionaire Rinehart-backed Arafura gets fresh Labor buy-in. Macquarie to invest in US data centres. Cash-strapped Star ticks up amid Macau intrigue. Billionaire's takeover interest fires up AVJennings.

Economic data and corporate updates are  underpinning equity investor sentiment this week. Picture: Gaye Gerard
Economic data and corporate updates are underpinning equity investor sentiment this week. Picture: Gaye Gerard

That's all from the Trading Day blog for Wednesday, January 15. The ASX 200 index  closed down 0.2 per cent at 8216.7 points amid a selloff in WiseTech and reversal of intraday gains in some big banks and miners before US CPI data.

In the US, the S&P 500 index closed flat, the technology-focused Nasdaq index declined 0.2 per cent and the Dow Jones rose 0.5 per cent.

Bitcoin is  just above $US97,000.

The Aussie dollar is trading around US61.89c.

Originally published as ASX 200: WiseTech sold off; Premier, Myer build on losses; Macquarie bets $US5bn on Applied Digital data centres; Cash-strapped Star on watch; Arafura gets $200m from Labor

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Original URL: https://www.heraldsun.com.au/business/companies/asx-200-live-all-the-latest-businesss-and-economic-updates-from-aus-and-overseas/live-coverage/d00c84ab9ca8f09c4fcf4c629eb6b898