ASX 200 down as miners fall; Chevron industrial action starts
Newmont-Newcrest deal falls short on 'fairness' test. Duratec founders in $11.5m selldown. Platinum falls after August outflows. Healthcare, utilities sectors gain.
Welcome to the Trading Day blog for Friday, September 8. The ASX 200 closed 0.2 per cent lower at 7156.70 points, amid global market jitters over China's economy and US interest rates.
The Aussie dollar is near US64.07c.
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Chinese AI start-up’s trillion dollar hit of tech’s ‘Magnificent Seven’
The arrival of cut-price Chinese rival to ChatGPT has seen more than a trillion dollars wiped from the value of major tech companies.
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ASX turns flat; US tech stocks smashed
Seesaw day on the ASX following heavy falls across US tech stocks. Investors spooked following emergence of low-cost Chinese generative AI model DeepSeek. Goodman, Nuix shares fall hard.
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