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S&P/ASX 200 restrained, but hits fresh record, iron ore sinks, while earnings buoy Wall Street
ASX 200 was restrained, but hit another record close. Star withdraws Crown offer. Iron ore tumbles 6pc. IAG in profit 'miss'.
Welcome to the Trading Day blog for Friday, 23 July, 2021. The ASX 200 has closed at a fresh record high for the second consecutive session. It was a roller-coaster ride of a day. Iron ore prices fell overnight and Star Entertainment has dropped plans for a merger with Crown Resorts.
Wall Street edged higher, buoyed by earnings results. The S&P 500 rose 0.2 per cent and the tech-heavy Nasdaq Composite was up 0.4 per cent. The Dow Jones Industrial Average rose 0.1 per cent. Most European markets extended recent gains and oil prices continued to rebound.
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Originally published as S&P/ASX 200 restrained, but hits fresh record, iron ore sinks, while earnings buoy Wall Street
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