Live: ASX 200 ends higher; James Hardie dives, Lottery Corp up
Treasury maintains CPI forecast. Sims shares tank on earnings warning. Business confidence, consumer sentiment lower, surveys find. Magellan shares recover. Whitehaven stocks tumble.
Welcome to the Trading Day blog for Tuesday, November 8. ASX 200 tracks Wall Street gains. Sims, James Hardie warn on earnings. Lottery Corp revenues up. Medibank hackers threaten to release data.
The ASX 200 ends 0.4 per cent higher at 6958.9 points.
On Wall Street, the S&P 500 closed 1 per cent higher, the technology-focused Nasdaq Composite Index gained 0.9 per cent and the Dow Jones Industrial Average was 1.3 per cent stronger.
US 10-year bond yields rose to 4.22 per cent and two-year bond yields to 4.72 per cent.
Oil prices are choppy with global benchmark Brent crude down 0.7 per cent to $US97.92 per barrel and the US Nymex 0.9 per cent weaker at $US91.79 per barrel.
The gold futures price gained 0.2 per cent to $US1680.50 an ounce and iron ore futures rose 2.3 per cent to $US87.14 per tonne.
The Aussie dollar was near US64.75c.
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