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ASX 200 live: WiseTech buying e2open; Elders earnings; Origin narrows guidance
Investors back WiseTech's $3.5bn e2open deal. Healthscope in receivership. AUD at six-month high as US dollar falls. Miss on earnings weighs on Elders.
Welcome to the Trading Day blog for Monday, May 26. The ASX 200 index is flat at 8357.50 points at 1.25pm AEST with tech gains offset by utilities falls. The heavyweight banks are slightly lower.
On Friday, US President Donald Trump's 50 per cent tariffs on 27 EU nations kept Wall Street investors on the edge. The S&P 500 and Dow Jones indexes closed more than 0.6 per cent lower and the technology-focused Nasdaq shed 1 per cent.
US futures turned higher on Sunday (Monday AEST) after Trump delayed the initial start date of the tariffs to July 9 to factor in more negotiations. US markets are on a long weekend break for Memorial Day.
Cryptocurrency giant bitcoin is above $US109,700.
The Aussie dollar is trading around US65.33c.
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