S&P/ASX 200 ends lower, after financial year gains, Wall Street edges higher

ASX 200 has closed lower, down as much as 0.7%. Lendlease flags Covid hit. Iron ore, oil prices climbed.

The ASX 200 posted a 24 per cent surge over the 12 months to June 30. Picture: David Swift

Welcome to the Trading Day blog for Thursday, July 1. The ASX 200 has closed lower, down as much as 0.7%, after a steady open, with mostly gains on Wall Street, following strong jobs data.

The Dow closed up 0.6 per cent, the S&P 500 edged up 0.1 per cent and the Nasdaq lost 0.2 per cent. European stocks sank, but posted decent quarterly gains. Oil prices climbed. Locally, CoreLogic housing data showed the best year since 2004, but forecast home price growth to slow.

Originally published as S&P/ASX 200 ends lower, after financial year gains, Wall Street edges higher

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