ASX 200 falls 0.3 per cent to three-week low after jobless rate falls to 3.9pc; Ventia, Downer slump on ACCC action
The chance of an early rate cut fades after the jobless rate fell to 3.9 per cent. Qantas strike may disrupt holiday plans. AUD lifts. Downer and Ventia hit by ACCC lawsuit over price fixing cartel allegations. Peter Warren tanks on profit warning.
That's all from the Trading Day blog for Thursday, December 12. The ASX 200 index ends down 0.3 per cent at a three-week low of 8330.3 points as hopes of an early rate cut in February fade after strong jobs data. Ventia, Downer hit by ACCC.
On Wall Street, the S&P 500 closed 0.8 per cent stronger, the technology-focused Nasdaq index gained nearly 2 per cent to close above 20,000 points for the first time, but the Dow Jones index fell 0.2 per cent.
Bitcoin's above $US100,800.
The Aussie dollar is stronger near US64.05c after jobless data.