ASX200 ends -0.1%; BHP -2%, RIO -3.3%
The S&P/ASX 200 finished slightly weaker after a late retreat, with the big banks and miners in the red after mixed leads from Wall Street.
Welcome to the Trading Day blog for Tuesday, October 19. Australian stocks are treading water, up 0.2 per cent on light volume, after Wall Street’s mixed session.
ASX 200 is 0.2 per cent higher at 7393.7 at 2.30pm AEDT.
The Dow Jones index fell 0.1 per cent while S&P 500 gained 0.3 per cent and the tech-heavy Nasdaq added 0.8 per cent.
Shares in Apple rose 1.2 per cent after launching new AirPods and MacBook Pro laptops but investors weighed slower economic growth in China and a surprise fall in US production in September.
US earnings season kicked off strongly with more results to be released over the week.
US West Texas Intermediate (WTI) crude rose 0.2 per cent to 7-year highs near US$82.44 a barrel.
Iron ore fell 1 per cent to $US124.15 per tonne.
More Coverage
Tabcorp chair steps down; ASX 200 hits new record
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ASX flat after choppy session ahead of US Fed rate call
PolyNovo director pockets near-$2m in selloff. 'Misalignment' between Labor and business risky: KPMG. Harvey Norman sued over alleged worthless warranties. Woodside sets up decade of LNG supply to Japan.