ASX 200 live: Rinehart, Thodey weigh in on Canberra outcome; Westpac profit dips; OPEC+ call smashes oil
Top businesswoman says Liberal Party should have embraced more Trump-style policies, while businessman David Thodey laments Canberra's lack of 'vision and an industry strategy for Australia' in more than 20 years.
Welcome to the Trading Day blog for Monday, April 5. The ASX 200 index closed down 1 per cent lower to 8157.80 points led by bank and energy sector losses.
On Friday, Wall Street closed higher on optimism about positive signals around trade talks between China and the US. The S&P 500 and Nasdaq indexes rose 1.5 per cent, respectively, and the Dow Jones index gained 1.4 per cent.
Cryptocurrency giant bitcoin was below $US95,000 at 5pm AEST.
The Aussie dollar was trading around US64.70c.
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