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ASX 200 live: BHP, Rio on watch amid Anglo-Teck union; NAB job cuts follow ANZ; Iluka to mothball WA mine

Pilbara, Liontown, IGO, MinRes walloped by early restart of CATL's China mine. Finance union slams 'shameful' job cull by big banks. Iluka to mothball WA mine.

Copper miners around the world, including BHP and Rio, are on watch after the Anglo-Teck merger announcement. Picture: Brett Hartwig
Copper miners around the world, including BHP and Rio, are on watch after the Anglo-Teck merger announcement. Picture: Brett Hartwig
The Australian Business Network

Welcome to the Trading Day blog for Wednesday, September 10. The ASX 200 index closed 0.3 per cent higher to 8830.40 points after a record session for Wall Street indexes.

A big downward revision in US jobs data raised concerns about the labour market — and expectations for more rate cuts — saw Wall Street's major indexes notch record highs for the first time together this year. The S&P 500 index gained 0.3 per cent, Nasdaq advanced 0.4 per cent and the Dow Jones added 0.4 per cent, or 196 points.

Cryptocurrency giant bitcoin was near $US111,900 at 4.55pm AEST.

The Aussie dollar was trading around US66.10c.

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Original URL: https://www.theaustralian.com.au/business/trading-day/asx-200-live-all-the-latest-trump-us-economy-apple-and-other-updates-bhp-rio-in-focus-after-angloteck-merger-other-updates/live-coverage/fe3f145147485803e16a5939f29a23d1