ASX 200 rises; profit slump hits Macquarie; McDonald's sales rise; Block rebounds; Wesfarmers at record high
Bourse has best weekly gain in five weeks, up 0.7 per cent. McDonald's Australia annual sales up 7 per cent. Wesfarmers hits record high. Path to low inflation 'not yet' secure: ex-RBA boss. Macquarie falls. Block jumps.
Welcome to the Trading Day blog for Friday, May 3. The ASX 200 closed 0.6 per cent higher at 7629.00 points. Tech stocks lifted Wall Street before Apple beat earnings estimates.
The Aussie dollar is trading around US65.74c.
Originally published as ASX 200 rises; profit slump hits Macquarie; McDonald's sales rise; Block rebounds; Wesfarmers at record high
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