The ASX 200 closed down 0.7 per cent at 7420.4 after hitting a 2-day low of 7403.5. This was after rising bond yields saw the US market stall earlier. Miners led broad-based falls, but trading volume was generally light.
ASX closes up 0.4 per cent. Healthcare stocks up 1.2% as a sector, Woodside lines up a Pluto stake sale, Elders and Incitec book profit.
Australia’s share market recovered strongly from Thursday’s fall on high US CPI data. The S&P/ASX 200 closed up 0.8 per cent to 7443.
Australia is set for an unprecedented home reno jobs boom as people prepare to pump $34bn into their properties despite construction costs soaring.
Original URL: https://www.theaustralian.com.au/author/matt-bell/page/113