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ASX 200 slips; property, miners under pressure; investors ditch Mirvac on results; Wall Street surrenders gains; Qantas review lashes leadership; Myer's profit warning; Mirvac losses blow out

The local sharemarket ends slightly in the red, as investors ditch property, mining and energy stocks. RBA 'won't hesitate' to life rates if necessary, Bullock says. ACCC can appeal CFMEU/Hutchinson court decision.

Former Qantas CEO Alan Joyce will cop a $9.3m pay cut after an internal report into the under-fire national carrier. Picture: Christian Gilles
Former Qantas CEO Alan Joyce will cop a $9.3m pay cut after an internal report into the under-fire national carrier. Picture: Christian Gilles

That's all from the Trading Day blog for Thursday, August 8. The ASX 200 slips 0.2 per cent to 7682 points at close after US markets reversed gains overnight.

The Aussie dollar is trading around US65.62c.

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Original URL: https://www.theaustralian.com.au/business/trading-day/asx-200-live-wall-street-surrenders-gains-rbas-bullock-to-speak-on-rates-hold/live-coverage/791c4c7c97da56904b02cdf08f5d8fd3