ASX 200 Underlying CPI falls; Avita sinks on earnings revision; GQG down as outflow pressures continue
Investors buoyed by cooling underlying price pressures. Forrest named in bombshell ExxonMobil lawsuit. Avita's downgraded earnings guidance weighs. Computershare falls on UBS ratings cut.
That's all from Trading Day blog for Wednesday, January 8. The ASX 200 index closed up 0.8 per cent at 8349.1 points as banks soared on lower than expected core CPI data and iron ore miners rose as the commodity stabilised.
On Wall Street, the S&P 500 closed 1 per cent lower, the technology-focused Nasdaq Composite shed 1.9 per cent and the Dow Jones Industrial Average fell 0.4 per cent with Nvidia the Dow's worst performer with its 6 per cent drop.
Bitcoin is back below $US100,000, currently trading around $US96,624.
The Aussie dollar is trading around US62.28c.
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